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Is it time to step out of the management or day-to-day running of your business? Succession planning involves developing a plan to exit your business and pass on the reins to someone else. It can take time to find the right person and ensure they are willing, able and ready to take over. This is an introduction to planning your exit.
Often the focus can be on setting up, operating and growing a business; but you also need to be prepared in case something goes wrong. Having an exit strategy is an essential component to your business, without one you may be unable to sell or hand it over when the time comes to move on. Find out more about the benefits of an exit strategy and find out what you can do to stay prepared.
This information is brought to you by nzbizbuysell.co.nz
An article on the motivations for succession planning for business owners looking at the intended outcome and benefits of the process. Includes questions you should ask yourself before embarking on the process.
This information is brought to you by BPIR.com Limited
Succession planning involves many business disciplines. Find out how to effectively manage the transition of management and ownership of your business by reading through this eight part series. You will have access to reports and further resources giving you a comprehensive and strategic approach to the succession planning process.
This information is brought to you by Deloitte
An article on succession planning as an effective, systematic, formalised, and long-term approach to meeting present and future staffing needs for business owners. Discover the benefits to having a succession plan.
This information is brought to you by PricewaterhouseCoopers
When is the right time to sell? Unfortunately there is no easy answer; this article explains what you need to know and the things all business owners should consider. Read about the various scenarios that may affect your business’ viability, and know how keep an eye on the marketplace and stay prepared for anything.
An article for business owners explaining the process involved when it comes to selling your business. Includes checklist of some objectives you should consider.
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More than 75 percent of New Zealand businesses are located in the North Island and almost one third of all businesses are in Auckland.