Smith Cooper provides trusted advice to corporate clients, entrepreneurs and owner-managers on exit strategy and succession planning.
Succession planning fits into the wider exit strategy of your business, a process that analyses several major areas affecting business owners. It is important in securing the future leadership of your firm – comprehensive succession planning will identify well-suited successors and develop their skills and experience to a level at which they are fully capable of replacing existing leaders. Ultimately, a well-thought-out exit strategy will ensure the successful transfer of management from one generation to the next.
Our expert team focus on thoroughly understanding your objectives and business, enabling the creation of innovative, bespoke plans that specifically address the needs of your firm.
Preparation is key to optimising value, and it is important to take advice well in advance of any exit process in order to plan and evaluate options thoroughly. Many clients only start thinking about exit planning when they are forced to by external factors or other unexpected events. However, being prepared and having a strategy for how you want to exit your business is vital in order to create optimal value and protect your investment.
We believe that it is never too early to start planning for the sale of a business and often start working with clients many years ahead of exit, in order to thoroughly understand both the financial and the personal objectives.
Whatever your plans for exit, we can help you formulate and deliver an optimal strategy in an appropriate time frame that suits both your financial and your personal objectives. Please contact any one of the team for an initial consultation.