Geelong accountant specialising in succession planning
March 31, 2016Say the words `succession planning’ to some and watch them shudder. Say them to a Geelong accountant and they’ll tell you those two words play a vital role in the ongoing success and future of any business.
At CD&G Accountants we heartily agree and we’d like all business owners to get the conversation started. In fact we believe the talking should begin when the business does, with succession planning having a presence from the early days of operation.
Getting a business off the ground is a slog, whatever its size and variety. You work hard to build it from the ground up, so it makes sense to ensure your legacy can live on through dedicated succession planning.
Whether you’re selling your business, want to start one, have an equity interest or are keen to retire to a warm beach up north and fish all day, succession planning is the key for the ongoing success and profitability of a business.
If you are after a Geelong accountant with wide experience in succession planning, turn to our professional team at CD&G Accountants. We can offer advice and practical help on succession planning, ensuring that when the time comes to use that strategy the process is as easy as possible for everyone.
Successful succession planning can take a lot stress out of business ownership change, making the transition smooth, helping reduce employee anxiety and concerns over the future of the business. In the case of a family business, it can also help prevent angst and arguments between family members. And when there’s ownership change due to a disaster, such as sudden death, it becomes a great tool in uncertain times and a business map for the future.
Have you chosen your successor or decided to sell or close the business? Are you considering a buy-sell agreement? Perhaps you’re worried about your health and want a strategy in place `just in case’. Whatever the situation, whatever questions you have, we can help.
For a Geelong accountant you can trust for great succession planning advice, please don’t hesitate to contact us at CD&G Accountants.