“A change of ownership is not necessarily a change of leadership”, but it impacts the embedded value in the business. Those who plan and implement will transition more effectively than those who don’t.
BEAM’s established succession planning protocols help to protect the value of the business, source liquidity capital and de-risk the owner.
- Establish a preferred time line to ‘step back‘
- Identify what level of medium and long term involvement is required
- Develop a structure that will enable a business to continue to operate at an optimal level when an owner exits the business
- Facilitate the liquidity event