Succession planning (Exit Strategy)

What is succession planning?

Management/Family Succession Buyouts





Succession (Exit) Planning
When?
A lot of business owners don’t want to think about selling their business – but they need to have a plan. It’s easy to get carried away with the daily routine of running a business and forget about it. One of the most important aspects of owning a business is to plan your exit of the business in advance.
Who?
CIBB can become your team of advisors and help you to achieve the outcome you want. We will support your exit strategy at every stage.
Why?
We’ve all heard the saying….. If you fail to plan, you plan to fail… As a business owner, you need to have the following: Business Plan Marketing Plan Exit Plan
How?
Just like any journey, we need to plan out the final destination at the beginning. We can then determine the required steps to be taken to reach your goals.

This is how CIBB will administer your succession buyout:

Developing your succession plan

Structuring the buyout

Financing the buyout

Legals and tax work

Completion of your succession buyout
Let’s discuss business succession
Please feel free to get in touch with us for an informal chat about developing your succession plan. Please note that ALL calls are confidential. Our team will also be honest and realistic with you as well as offering practical advice about your choices.