Succession planning involves having a strategy to deal with both expected and unexpected events.
Whether you are contemplating a sale or retirement from your business it is never too early to put a strategy in place. This may involve family succession, a trade sale or a management buyout. Go to our business owner planning exit page to see how we can help you.
Furthermore many business owners have no strategy in pace to deal with the death or critical illness of a business owner or a senior staff member. Shares may pass to a family member or business partner and this can create cash flow and strategic problems for those involved and the company.
Succession Planning Services
We can help you :
- prepare your business for sale to maximise its value
- assess key issues and risks
- evaluate your options
- advise on the tax implications
- advise on a strategy to have in place to deal with death or critical illness
- review your will and advise on your inheritance tax (IHT) exposure
Third in a series of webinars in support of business owners for all stages of the business lifecycle. Whether it is take off, growth, exit or an emergency landing, each webinar will cover all you need to know.
In this article we are exploring some of the options available to you when you decide to exit your business. You have created a business and lifestyle that is a going concern, but it is time for you to pass on the reins, sell the business, retire, or just do something else. There is much to consider, let’s take a look at the options…