Once you have a successful business, with a mature customer base and a good reputation, most businesses continue to grow and clients and customers come to rely on the service they receive. Many businesses look for a plan to make sure that the business out survives the career of its owner, and for that you need a succession plan in place.
Some businesses look for experts in a similar field, or will come across a great fitting person while doing business that can help grow the business and give the current owner the peace of mind that the business will continue.
Other owners want to create family businesses where they can keep an active role but hand their hard work to the next generation.
Whatever your succession plan, or if you haven’t through that far ahead yet, we can help. Every business should start looking at continuation and succession planning sooner rather than later to make sure that employees and potential successors are identified and retained.
If you need help making a plan, or want advice on the best way to put your plans into place, then contact us.