Succession Planning
Business Succession and Exit planning is about designing and implementing a strategic solution to align three key factors – Business – preparing the business and its stakeholders for succession and/or exit, – Financial – ensuring the owner and their family is prepared financially in terms of asset protection, taxation and retirement funding and Personal – retirement – preparing the owner for life after business be it retirement or a new venture. Combining these three factors allow mid-market business owners to maximise the value of their business and achieve a successful exit outcome.
How our Succession Planning Services can help you?
At Ample Finance, we have been helping families and business owners plan their future for several years. We know people too and understand that working through a succession planning process can cause some friction. Good planning can alleviate uncertainty. We work with you to identify and match your needs with business objectives, ensuring your succession plan is achievable and realistic with the least possible stress. A good succession plan ensures your business will transition smoothly and you can maximise its capital value for your benefit. Identifying the best strategies to achieve the outcome you want is central to a good succession strategy. You may choose to grow your business to exit, or to identify sons or daughters to take over.
Our Succession Planning Services includes:
- How to maximise the value of business assets
- Review of business trading structures
- Currency and suitability of your will
- Suitability of testamentary trusts to protect your assets and minimise stamp duty
- Transfer of control processes
- Centrelink implications
- The legalities of transfer of ownership
- Identification of future lifestyle aspirations
- Financial planning to protect your wealth.
Ample Finance values your client experience. We endeavour to provide personalised and constructive advice and we pride ourselves on our speed and efficiency. Please don’t hesitate to contact us in person at our Melbourne office, through email at info@amplefinance.com or book an appointment with our company registration specialists at (03) 9988 2911.
