Exit & Succession Planning
Powerfully prepares your business for a transition in ownership when you wish to move onto new challenges, or venture to the next stage of your life’s ambitions. To get the most out of all your hard work, it is always worth considering and preparing for your “end game” sooner rather than later. To quote Stephen Coveys 2nd Habit of Highly Successful People “always start with the end in mind”.
Services includes:
- Exploring your options
- Keeping the business in the family
- Selecting and preparing a successor
- Planning a management buy-out
- Determining the value of the business
- Selling the business
- Financing the succession plan
- Understanding the tax and legal issues
- Will writing
- Managing wealth to secure your future
We also ensure that the whole team is included in the process and that no one is left out during the turnaround. The most crucial part is ensuring some degree of financial stability during the turnaround.
This is the most worrying part for most clients going through or needing a turnaround; it means that incoming cash flows will change completely. We help ease these issues through fantastic financial projections and a realistic view of what can be accomplished.
Creating a list of potential qualified prospects for your service or product can be daunting when you’re beginning your business. However, this needs to be considered as a follow up on your Target Market Analysis so you can hit the ground running.
Successful Business market Planning
Once the right plan has been created for a company we work with them at creating a strategy that allows the plan to work. We look at the environmental factors of our clients and make recommendations about steps which can be taken to move in the right direction:
- Don James/Semplice – Article and News research
- HighVoltageBusiness – Company and Industry Research
- Goovers – Company and Industry Research
- IRISpace – Industry Research
- Lexos-Nexos – Company, Industry, Market Research
- Plombett – Industry Research
- Pronounce – market analysis report “slices”
Competitor research & analysis
how can we help you?
Contact us at the Consulting WP office nearest to you or submit a business inquiry online.
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