Succeeding with succession planning

Careers

WHAT TO EXPECT FROM THE SERIES

  • Part 1: Understanding your options for succession
    Succession planning is critical to safeguarding and realising the value of your advice business. Discover the options available for succession and the key factors to consider when devising a succession plan.
  • Part 2: How to determine the value of your business
    There are many factors to consider when trying to calculate the value of your business. Some aspects are less tangible than others and will be trickier to assign a price tag. But this is an important exercise to go through as you plan for succession. In Part 2 you will find out how an advice business is typically valued.
  • Part 3: How to find a suitable successor
    Finding the best fit in a successor is dependent on your intended outcome. In Part 3 we share tips for finding a like-minded partner in either a true successor, a continuity partner or a buyer.
  • Part 4: The ins and outs for developing a succession strategy
    Developing a strategy for succession is not as daunting as it may seem when you know what you want to achieve. In the final part of the series, we share tips for developing a strategy for succession.