Business Succession
Our Firm has been advising generations of business owners on succession planning since 1936. In that time and given our age we have witnessed the ultimate acid test. We have been around to see how accurate that advice turned out to be. As a result of this experience we can apply decades of tested knowledge together with the latest and most modern techniques to provide reliable solutions to our clients.
Most SME owners are taken up on a day to day basis operating their business and do not have time to plan properly for the future. This is probably why only 1 in 10 surveyed small businesses have a succession plan in place. In addition, even family business now have key non family members operating as part of integral management teams.
Proper succession planning can enhance the value of a business, reduce the tax payable upon transfer and greatly protect its competitiveness as a consequence of the efficiency of the handover.
We provide 80 years of tried and tested experience to our clients coupled with our unique specialty in corporate and business law.
It takes a lifetime to build a business and only a small lack of planning to kill its value. Proper planning means you can concentrate on building that value in the most protected and efficient way possible.
“Our partner lead teams mean that there is always an old head on young shoulders. When it comes to trying to predict the future, then experience is always the best guide”
-Victor Clarke, Managing Partner.
We advise clients in the following areas: