3 Church Street,
and Succession Planning for Family Businesses
Your business has grown rapidly. You are at full stretch trying
to service the needs of your customers. Your product range / services
have increased and diversified in line with your customers demands.
Should you expand the business or concentrate on fewer higher margin
products / services? Your business is ripe for strategic planning.
You have reached a crossroads and the direction you choose will
ultimately reshape your business.
Is your vision
a viable proposition? What is your businesses key competencies and
do you have the appropriate skills set to achieve your business
goals? What steps should you take and in which priority? What is
the market position and how strong is the competition? What of the
next generation? - after all this is a family business. Should you
have rules for family members entering the business? How do you
pass on the family business without the penalty of a serious taxation
charge? Ultimately you would like to retire in comfort and pass
on the family business intact.
Successful strategies have their roots in structured planning and
We will assist you in deciding your key objectives as well as performing
a detailed selfappraisal, both from the inside looking out and from
the outside looking in. We will prepare financial projections and
enhance your management reporting systems to assist you in the decision
We have developed a methodology to assist you in making the right
decisions and allow you to follow a structured