Sucession planning is maybe not something we all wish to do. But it’s inevitable if you own a business, that one day you will need to consider moving on. Whether you decide to sell up, retire or need to get out due to poor health, it’s important that your business has a plan for that day.
A succession, or exit, plan pre-emptively identifies the path and next leaders of an organisation when the current leader wants or needs to move on.
A good succession plan enables a smooth transition with less likelihood of disruption to operations and staff morale. By planning your exit well in advance you can maximise the value of your business enabling it to better assist your future financial needs and leave the business in a strong competitive position.
Working with me I’ll ensure your succession plan is real and attainable. We’ll set a realistic timetable and measurable milestones along the way and we’ll stick to them.
It might appear complicated or even arduous but the step by step procedure makes it very simple. Being honest, if it does look a little confronting then that’s probably more reason to get in contact. Agree? Then click here.
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