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Financial Health Assessment

Having a clear future strategy for your business and a clear understanding of the factors critical to success could influence your chosen method of exit and succession.

Questions to consider include:

Ø    What opportunities are available to my business and what is the best way to take advantage of them?

Ø     What factors are critical to the future growth of my business?

Ø    Does my business have all the necessary managerial expertise required to be successful in the future?

Ø    Does my business have an appropriate capital structure and access to further funding to enable it to take advantage of the future opportunities?

Answering these questions calls for a clear future strategic direction. If that requires significant changes to your current business model, the impact of these changes will influence your succession and exit planning.

A Financial Health Assessment is an essential preliminary step that should be taken before strategic operational planning is commenced and is a service that SuccessionPlan™ provides.

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