To ensure that you extract the maximum amount of value out of your business when you exit, it is essential to have a succession plan. Most business owners end up selling their business well below value, or shutting the doors simply because they did not have a succession plan in place.
At McCarthy Durie Lawyers we can walk you through all the steps of succession planning from identifying the appropriate person/s to take over the business to creating legal structures to facilitate the transfer of the business to the right people at the right time.
