Who Will Be Running Your Business in the Future?
Succession planning is a critical part of any business strategy but is very often left until the last minute, when it can be too late.
Failure to plan for the future management of your business can often result in the failure of the business or it being sold. Do you really want to spend years building a successful business just to see it being sold off or worse?
These issues are common to every business but are especially relevant to Family Businesses and the Professional Services sector.
We will work with you and your team to create a Succession Plan for your business to ensure that the next generation of managers are identified, given the appropriate training and mentoring with a clear promotion plan. This will ensure that the business has a steady stream of talent moving through the ranks, some of whom will eventually be able to manage the business.