Tag: succession planning

A successful succession plan depends on more than agreements and financial structures. The people involved are what ultimately determine whether the transition is smooth or difficult. Preparing the next generation for leadership requires clarity, communication and a steady focus on building capability long before the handover takes place. This preparation matters whether the successor is…

A successful business succession plan needs more than good intentions and a willing successor. The structure behind the handover is what protects the value you have built and ensures the next person steps into a stable and well-supported business. This stage of the succession journey focuses on the technical aspects of the work. It is…

When you start thinking about succession or selling your business, one of the first questions that comes up is, “What is my business worth?” Many business owners have a figure in mind, but it is often based on gut feeling rather than evidence. The reality is, the value of your business is determined by more…

In my last article, I talked about why every business needs a succession plan. This time, let’s look at how to get started. Succession planning is not just about what happens when you step away. It is about setting your business up so it can continue to thrive without you. The earlier you begin, the…

Succession planning is one of the most crucial steps a business owner can take to secure the future of their business. Yet, in my experience, it is also one of the most overlooked. Many owners recognise the need for a plan, but often put it off because it seems complicated or uncomfortable. The truth is,…

Are you considering retiring from your business or selling your business? Glenn explains the importance of a longer term succession plan being essential to maximise your return in this short video.

Do you understand what succession planning is? In this short video, Glenn clarifies what is involved and the benefits for your business.