#Japan #Tokyo #Business Succession #OWNIC #Rakuraku Baton

Simplifying Business Succession with 'Rakuraku Baton'

In response to the pressing challenges faced by small and medium enterprises (SMEs) regarding business succession, OWNIC Co., Ltd. has launched an innovative service known as 'Rakuraku Baton'. Led by attorney Kazuyuki Tamura, OWNIC is headquartered in Shinjuku, Tokyo, and is dedicated to facilitating seamless transitions of business ownership for SMEs.

The Need for Effective Succession Planning

As the aging of business owners escalates, succession planning has become a crucial priority. Although government policies and support services have improved over recent years, many programs necessitate that businesses establish a successor or determine a timeline for succession. However, many business owners find themselves in limbo, unable to designate a successor or set a clear timeline. 'Rakuraku Baton' aims to mitigate these issues, ensuring businesses continue to operate even under uncertain conditions while expanding the available options alongside existing services.

Features of 'Rakuraku Baton'

'Rakuraku Baton' is a comprehensive service designed to alleviate concerns related to business succession by utilizing a combination of preferred stock and trusts. This service provides flexibility for companies that may not yet have a defined successor or have multiple candidates. Moreover, it prepares businesses that may consider mergers and acquisitions (M&A) in the future. By offering an 'assurance baton relay', it allows business owners to proceed without being bound by intricate regulations or processes.

Key Features

• - Quick Implementation: The service can typically be set up in about a month, and with the right documentation, it can sometimes be initiated in as little as one day.
• - Focus on Core Operations: Owners can concentrate on their business operations and cultivating successors without the burden of intricate tax and inheritance issues.
• - Flexibility: The service accommodates businesses with undecided successors, multiple candidates, or those contemplating M&A.
• - Conflict Prevention: It significantly reduces the risk of management disputes due to inheritance division and potential equity dilution.
• - Compatibility: 'Rakuraku Baton' does not interfere with existing inheritance and tax strategies, allowing for the integration of additional measures if necessary.

Target Users

The service is particularly suited for:

• - Business owners considering succession to family members, employees, or executives.
• - Companies with uncertain successors or multiple potential candidates.
• - Enterprises contemplating M&A while wanting to prepare for any contingencies.
• - Owners who do not have a specific succession plan but wish to mitigate risks in advance.

Contact Information

For more details or to request documentation about 'Rakuraku Baton', please visit the service page.

Company: OWNIC Co., Ltd.
Location: 3rd & 4th Floors, Iwanaga Building, 1-14-1 Shinjuku, Shinjuku-ku, Tokyo
CEO: Kazuyuki Tamura
Email: [email protected]
Phone: 03-4500-0525

With 'Rakuraku Baton', OWNIC empowers SME owners to navigate the complexities of business succession effortlessly, ensuring their legacies continue to thrive.