Succession Planning
Over the last several years we have witnessed a dramatic increase in our practice with respect to family business succession planning. Successful succession planning requires two important ingredients:
- Understanding and agreement by all family members as to the template that is to be used for business value.
- Development of a code of conduct or a set of rules that in turn will establish certain priorities and as well, how family members will govern themselves moving forward.
Email Norman Seawright, CA at norm@newcap.net to set up a no cost introductory family succession strategy meeting. We are expert consultants who work closely with our clients to ensure a successful transition process for their business.