Succession planning is important for every business. It’s really common for business owners to believe that they don’t need to worry about a succession plan because they are not planning on exiting the business in the near future. But regardless of whether your business is big or small, new or well-established, you should have a succession plan in place.
Succession planning is not just about exiting a business, it is an important part of planning for unexpected events. Without one in place, a sudden illness, accident or natural disaster could very well have devastating consequences to your business and its ability to carry on operating. 
And succession planning is something you should take the time to consider and put in place long before exiting the business. Preparing your business for selling, merging, a change in management or other exit strategy takes time and can often require expert advice on the right tactic and implementation.
Everyone has different goals for their business and their future. Some business owners envisage leaving the company completely, while others picture stepping back from day-to-day operations to move into a strategic overseeing role. Businesses with succession plans in place tend to achieve higher growth and have a greater survival rate than those without.
Our Role As Succession Planning Experts
UHY Haines Norton’s succession planning experts work with business owners who want to take control of their future. We help you to evaluate your options and put plans in place to achieve the exit goals that best suit you. We assist you to develop and implement an effective business exit strategy, including putting measures in place to protect your business from the unexpected. We have seen first-hand how a sudden illness has irreparably damaged a business and resulted in its closure which could have been avoided with a well-designed succession plan in place.
Exit Strategies
Working with you today on an effective exit strategy to safeguard you and your business tomorrow.
Contact Us
Our introductory meeting is free – contact us to learn more about how we can help you with succession planning, exit strategies and estate planning. For a succession planning expert who understands how to safeguard your business’ or family’s future, talk to us today. Our Auckland offices are located in Henderson (head office), Auckland CBD and Kumeu.