If any of the following situations apply you need a Business Ownership Succession Plan: Ø You want to retire but have no immediate successor Ø You want to exit your business by converting the value of the business to cash Ø Your designated successor/s needs more training to operate the business effectively Ø Your retirement plans have changed Ø You are not financially independent of the business and your successor does not have the financial resources to acquire your ownership interests Ø You have children working in the business and children working outside the business and you are in a quandary about to whom the business should be transferred One reason why so few businesses are successfully transferred to family, co-owners or employees is that business owners seldom know what to do or how to do it. Typically, there is no unified approach, or any approach at all, to business succession planning, let alone a coherent and unified one. SuccessionPlan™ uses a manageable, step-by-step process designed to carry your business transition objectives to a successful conclusion. |