Why plan in family owned businesses?
Succession planning & it’s key issues to be dealt with for family owned businesses
Core aspects for family owned succession
Consideration of External Options to for succession planning
Prepare & Execute Plan with the help of experts for the following:
– Execution of plan should be with effective communication for smooth transition and involvement of all stakeholders.
– Formulating good governance practices to enact family values.
– Restructuring, transferring assets
– Maximizing business value through transfer or sale.
Family owned businesses should consider the succession agenda for:
Family Considerations:
– Financial Security
– Governance and family values
– Next-generation
Business Consideration:
– Business Control
– Risks involved
– Liquidity
– Growth & Performance
To know more email us at empower@alpashah.in