This article was originally created for Hayes Knight (now Nexia Auckland).
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Make sure you ride with the experts who know the right direction-like Hayes Knight.
Succession planning is just like a journey, following a predetermined trail. For those that don’t know the pathway, the road signs and the rules, it can be anything from inefficient to a complex dilemma. Rather than second guess yourself, or the process, it pays to have people along for the ride who can help guide you through both the smooth and rocky parts.
We consider ourselves as succession planning pioneers. We have a variety of skills but our expertise is built around preparing a business for ‘market’ related to the sale and exit process. This can take many forms.
Our experience and on-going work has seen our team accumulate a wealth of knowledge across the entire succession lifecycle, from the journey of preparation through to the actual event.
Again, business owners may think they know the ropes about many things but, this is new territory and it often is NOT ‘business as usual’. Rather than go it alone, we’ve found those who ask for help find the process all the more rewarding.
Here are some things to think about to get a fix on the key matters to consider.
To find out how Hayes Knight can help your business prepare for succession please contact the team at Hayes Knight.