Succession Planning
Plan for what you want to do after your business
Let’s Plan Your Future
Inevitably, every business will need to either undergo a change of ownership, or face the prospect of closing down. To ensure the long-term success of your business, it is vital to establish a succession plan and to establish it as soon as possible. Having a succession plan in place not only ensures maximum value to the current owners, but can also demonstrate business stability to investors, banks, and employees, as well as both existing and potential clients.
A well-executed succession plan will provide security and minimise stress for all involved. Succession planning helps maximise the business value and ensures the company is prepared for all possible outcomes.
Estate and succession planning in Melbourne
Succession planning can be as complex – or as simple – as you need – it all depends on your business.
Our understanding of succession planning best practices and succession management means we can help you explore your options and discuss what you want to achieve should you ever not be around or able to do so. A family business succession plan will protect your operations and provide the best chance of company success.
Why Work With Us?
Allied Business Accountants will help you
- Business value optimisation
- Strategy development
- Legal considerations
- Taxation considerations
- Risk management strategies
- Skill retention strategies
What is the succession process?
Client Testimonies
Thanks to David and his team as they are exceptional accountants and always surprise us by how knowledgeable they are in a wide range of fields. For almost a decade, Allied Business Accountants have facilitated the financial structure of our business and have maintained our financial records up to date in a timely manner without headache from our end, or us worrying about missing any deadlines.
I am forever grateful to David for all those years he has invested his attention in my financial affairs and financial strategy. The outcome has enabled me to have the financial freedom and quality of life that I thought I could only dream about. I would highly recommend David and his team.
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Ready to plan your future?
Call us on +61 3 9097 4050 or get in touch by email to arrange an obligation-free initial consultation.
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