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We believe that one part of your long-term business strategy should be a well-crafted succession plan.
One thing we know for sure is that the traditional route many practice principals take when it comes to exiting their business and selling their client base is that they rarely receive their full value.
"Over the last six years we have found that 15% of practice principals sell their business, while 85% sell their client base."
Deciding what will happen to clients and staff when the business owner wants to retire, leave, or reduce their working hours, needs careful planning. We can help practice principals determine the best succession option and identify the most suitable buyer, whether they are internal, external, or part of a merger.
ipac succession planning - financial planning for your business
Succession planning is financial planning for your business. The earlier you start thinking about your exit the better the result will be for you, your clients, and your staff. more>>
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Succession report
Find out the five key principles in planning your succession.In this report you will also discover:
- why only 12 per cent of principals have a fully-funded, agreed and documented succession plan
- what makes buyers nervous
- what issues are even more important than price
Order your copy of the Succession report
