Business Succession

WHAT IS BUSINESS SUCCESSION?

Business succession planning is the process of deciding who will take over your business in the future when you retire or the unexpected happens. This process is still relevant for smaller, family-run businesses to make sure the business can continue to run smoothly.

START PLANNING EARLY

Transferring ownership doesn’t happen overnight, but sudden change can. Being proactive will allow you to successfully implement plan at short notice if you need to step down from the business, giving you peace of mind.

What are the benefits of succession planning?

• Get ready for the unexpected

• Be clear on your retirement plans

• Make the process easier

• Have confidence your business will be in the right hands

• Future growth of your company