You may have your personal Will in place, but have you done the same for your business?
Good planning is a crucial aspect of any successful business. Part of that planning is recognising that all business relationships will inevitably come to an end. The question is when and in what circumstances.
Things in your life can change suddenly and often without warning. Are you prepared if something happened to you or your business partner? Do you have the right business agreements in place? Are your affairs in order? Do you have a plan that gives certainty and confidence to your family, business partners and employees?
Without a business and personal succession plan you are leaving the future of your business and family’s lifestyle to chance. A well designed and funded succession plan can remove the fear of uncertainty for you, your business and family.
While it is tempting to put succession planning off until a later date, getting your affairs in order should be the top priority for business owners.
Stephen & Partners has developed The Moment of Truth Plan™, our unique process designed to give business owners the confidence to make the right financial choices, for the right people and the right time. The program gives clients a plan to move forward, creating certainty for their family business partners and employees. Our clients are given actionable strategies and personalized ongoing support to help them protect the lifestyle they have worked so hard to achieve.
Most importantly, the Plan puts you back in control of your financial affairs and offers peace of mind in having a trusted team of advisers who will support you throughout the process.