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Succession Ready Workshop

Most business owners assume their business shall continue to operate after they leave - but often they fail to consider how the exit of key people will affect the value of the business. 

A well developed Succession Plan can help preserve the value you have worked hard to create in your business and make sure the business continues to succeed after you leave.

The Succession Ready workshop prepares your business for the exit of key people, making sure the right skills remain in the business to allow it to continue to grow and prosper.

Outcomes
  • Identify the planned and unplanned events that may cause key people to exit your business.
  • Identify how the exit of key people can affect the value of your business.
  • Identify the skills and resources needed after key people leave.
  • Identify key succession issues in partnership/shareholder agreements.
  • Suggested action plans and contingency for a smooth succession plan.
Benefits
  • Protecting the value of your business during the succession process.
  • Being prepared and in control of the succession process.
  • Reduced risk of making the wrong decisions.
Topics Covered:
  • Succession strategies.
  • Identifying future leaders and managers.
  • Leadership and management skills needs and transfer.
  • Legal structures and succession.
  • Impact on business value.
  • Leadership transition.

How Does It Work?


We can deliver this as a a half-day onsite, facilitated workshop, or we can do the work for you and produce a Succession Plan that ensures the business is successful after you leave.  Workbooks and spreadsheets are provided to guide you through the process.

You can participate in this individual workshop or we can tailor a SaleReady program that is specific to your situation and needs.

Click here to make an enquiry and arrange a no-obligation discussion about your situation and your needs.