BUSINESS SUCCESSION AND TRANSITION

It is no secret that Australia lags behind the world in the improtant area of Business Succession. However Australia does have a high proportion of family/private business where owners are approaching retirement age.

If you haven't thought about succession it is usually a two to three year timeframe to properly plan and execute Business transition. At Davidsons we provide a specific suite of services that address the following critical questions.

- Is the Business Growing or Going?

- Do you have a Business Owners Agreement?

- Have you adequately cross-insured yourself?

- What is the value of your Business?

- Are you going to walk away or attempt to sell?

- How does your family view your business?

- Have you identified a successor?