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.
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.
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.