Description
Succession planning - planning for the future ownership and management of a business after the death or departure of a key executive - is often left until the last minute - or not done at all. However, the benefits of advance planning can be enormous, not only in protecting the value of the business for the owner's heirs and successors, but also in ensuring a viable future for staff and employees.
The book shows readers how to:
• prepare and plan for retirement from their businesses
• determine the best way to pass on or bequeath business assets
• make use of the tax breaks offered by trusts and tax-efficient wills
• create a succession plan for their business
• identify potential successors
• identify and evaluate alternative exit routes from the business
• maximise value in the business before exiting.
Whether the business is to be passed on to nominated successors, or put into trust, or prepared for the action of other agents or intermediaries in the process, it is important to make all the arrangements well in advance. This book shows how.
Tony Granger,
Tony Granger is Chairman of Mentor Financial Services Limited and Principal of Mentor Professional. He is a certified financial planner and independent financial adviser. He is the foremost author in consumer education in financial services and has written books on retirement planning, pensions, business success, investments, school and university fees planning, trustee investment compliance and other topics. Tony is a member of the Institute of Financial Planning UK and holds the CFP, the certified financial planner certificate, as well as degrees in law and commerce from Rhodes University.
Management Books 2000
Management Books 2000 is a leading publisher and distributor of management books targeted primarily at entrepreneurs, and professionals.
