Whilst most businesses do not survive long after a change in key leadership, our team will assist in establishing a business succession plan to ensure the continuity of their business and the maximum returns to its owners.
Succession Planning is an essential issue for all businesses to consider in their strategic planning.
We are experts in preparing business succession deeds which details the who, what, when, why, and how changes in ownership and management are to be executed.
Variations in this business succession plan include where a buyout is funded by insurance on the death of a key principal, or the progressive buyout over a period of time on the retirement of a key principal.
We also review and prepare key documents such as partnership agreements, shareholder agreements, unit holder agreements and company constitutions.
We will work with you, your accountant and financial advisors to ensure that all of your objectives are met and your business capital is preserved into the future.