SUCCESSION PLANNING

You’ve spent years building up a business that you’re proud of and it’s now time to enjoy life outside of running the business.

There are countless different ways to get out of your business, for example:

 

1. Straight Exit: Exit your business via a business sale.

 

2. Merger / Acquisition: Merge or acquire another business with management capability that enables you to exit the business' day-to-day running.

 

3. A Transitional Ownership Succession Plan: Bring in new owner(s) and over time transition your ownership to them as you gradually exit the business.

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4. Family Business Succession Plan: Ownership and/or responsibility transition between different generations in a family business.

 

Our Team at Velocite has successfully facilitated the development and execution of several Transitional Ownership Succession Plans.

Succession Planning Toolkit

Make a start with our FREE Pre-Succession Planning Toolkit, here.

On the Blog

Read our blog "How to get out of your business: Succession Planning"

GET IN TOUCH

We'd love to hear from you

Where to from here? Join us for a no obligations coffee catch up

We will discuss your needs, talk about your business goals and challenges and we’ll share some of our insights. Together, we’ll create a practical plan for your business.