Our experienced succession planning lawyers can help guide you to the best outcome so you can have peace of mind.
Business succession planning
Business succession plans are a handy tool to make sure you leave your business in good hands if you or members of your management team retire or have to leave it unexpectedly due to accident or illness. Even if you’re thinking of selling your business in a few years, a succession plan will show a prospective purchaser that the business is in good hands, that there is a clear plan to transition to a new owner, and can be favourable when considering the value of the business.
If you own some or all of the business, your business succession plan may also help with your personal estate planning.