Succession and Exit Planning – Protect Your Wealth
Succession and Exit Planning may seem too far away to consider, yet preparing for that time is crucial to maximising and protecting your wealth.
An untimely or poorly executed change of ownership can derail even the most successful business and obliterate wealth.
You need a strong and well-developed Succession and Exit Plan in place to ensure your opportunities are maximised, risks minimised and wealth protected.
Being ‘opportunity ready’ is also critical to maximising market value and saleability.
The Future is Unknown – Be Prepared!
In reality, there are many events that can force a change of business ownership or instigate a decision to sell. You will not always be able to foresee these. This is why Succession and Exit Planning is so important.
Business owner relationships can be complex and impacted by:
- Introduction of new owners, including family members
- Decisions of one or several owners to exit the business
- Serious prolonged illness, permanent disability or death
Succession and Exit Planning enables you to prepare for both expected and unexpected events!
Succession and Exit Planning – Maximise Value and Reduce Risk!
Fortitude helps you be prepared and paves the way for an optimum change in business ownership whether it be planned or unplanned. We reduce risk and maximise success through Succession and Exit Planning that:
- Minimises business disruption
- Provides commercial financial security
- Minimises the risk potential of a forced business sale to external parties
- Facilitates tax effective business ownership transfer
- Maximises saleability and sale value
Succession and Exit Planning – An Emotional Journey!
Fortitude can help to pave the way for an optimum change in business ownership, all while being mindful that Succession and Exit Planning can be a daunting, and an overwhelming and emotional journey for many business owners.
We can set your mind at ease by delivering a comprehensive pragmatic Succession and Exit Planning process that matches your needs. You can rest assured that your business is, ‘opportunity ready’ for whenever a change of ownership may be necessary, or desirable.
When you know you are going to have a change in the ownership of your business, you need to prepare well in advance to maximise your value.
If you haven’t effectively managed the risks that unforeseen change of ownership can create and your business is not opportunity ready, all your hard work can be undermined and the value of the business significantly diminished
If you would like to learn more about how we can assist you with Succession and Exit Planning – to ensure you are opportunity ready, that your risks are minimised and you capture the value of all your hard work, give Grant at Fortitude Business Consulting a call today on 1300 551 040.
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