Succession planning can mean different things to different people. For individuals, it could be about ensuring your personal wealth is not at risk, should something unforeseen happen. For business owners, it could represent a desire to keep the business in the family or look at viable options to realise the full value of the business when you exit in the future.
Regardless of your situation, making a decision about succession is rarely straightforward. Succession planning is a process of understanding you, your needs and your desired outcomes. As a Chartered Accounting firm servicing Wollongong, Sydney and regional Australia, BLG’s succession planning specialists have an in depth knowledge of the common issues people face when considering their future. Whether you’re simply planning for the future, dealing with a family issue or bringing in the next generation to a family business, our team can help!