Succession Planning > How we Achieve Success for Our Clients

Our task is to identify and create legitimate options and to be directly involved in the implementation process. Our considerable experience of this work enables us to make a significant contribution to an orderly exit for the existing owners and the passing of a good business to the new owners at a realistic price for both.

Options for succession

In circumstances where there are no children or, as is becoming more evident, they are simply not interested in taking over the running of the business, the only option is often to ‘sell out’ to a trade buyer when approaching retirement.

However many businesses are so dependent on the owner manager that they are the business, which could not run without them.

Potentially, this can present an unattractive scenario for a trade buyer. Consequently the first objective of business owners must be to ensure that their company can flourish after they retire.

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