How we can help.
Financial Planning & Succession is able to assist businesses, including:
- Assist in formulating a succession plan
- Develop the appropriate timeframe for the initialisation of your Exit Strategy
- Make certain that staff and clients are provided for in your Succession Plan
- Generate the highest measure of profitability for you and your company
- Assist principals with their acquisition strategies
Questions every Principal should ask.
- Do you have a Succession Plan?
- Do you regard BOLR as your Succession Plan?
- At what stage should I start putting a plan in place?
- Do you have a time frame when you wish to retire?
- Is your Practice “Principal Dependent”?
- What value do you place on your staff?
- What value do your clients place on your staff?
- What expectations do your staff have on your exit?
- “It’s not just about the money”!
- “Walk the street test”.
- Is your business “corporatised”?
- Most owners are selling clients, not the business.
- Are you in control of your destiny? Beware the “D’s”!
- Succession Planning is about building a business that will live beyond its current owners.
Business Health: “Those businesses with a complete Succession Plan in place are more profitable because the business is focussed on the bottom line.”