Succession
Advising & Planning Your Succession
Have you thought about your business succession plan?
If you’ve taken the time to build your business and are now looking to pass it on, you want to ensure that any succession is carried out as smoothly as possible. A smooth business succession will not only help business continuity, but
It’s never too early to start thinking about your exit, in fact, the earlier you start the smoother the process can be, for both you and your business.
CN Strategic Advisors work with you to create the best succession strategy no matter the size of your business or reasons for wanting to leave.
If you’d like to talk to one of our advisors, please feel free to get in touch by filling out the contact form or by giving us a call.
Our Process
Through our tailored ‘Options & Returns assessment’, our experts will make sure that:
- You fully understand your succession and exit options;
- Obtain an indicative value of the business under options now and in the future;
- Are able to assess the potential returns from succession or exit to assess whether these meet your objectives
- You have a succession or exit plan in place and understand any gaps in value that need to be achieved through business growth
- Assist with growth plans including acquisition, financial forecasting and performing value enhancement workshops
Common Business Succession Options
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Appraising the viability of a MBO with you (either as a vendor or management team)
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Assisting with deal structuring and valuation metrics
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Debt advisory assistance in compiling lender ready information packs and raising funds on your behalf
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Project management of all parties (Vendors, management, banks, lawyers & tax) through to successful completion
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Assistance with preparing the business for a sale
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Financial analysis of your business
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Carry out sector research to provide a valuation of your business
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Identify our business strength and plan improvements to enhance value
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Project manage all parties through to successful completion
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Assistance with preparing the business for equity investment
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Compiling an information memorandum on the business / proposed transaction for Private Equity consideration
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Using our knowledge of the PE landscape, approach appropriate PE houses and negotiate terms on your behalf
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Project manage all parties through to successful completion
Family Succession
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Working with your family business to understand your ultimate aims and desired legacy
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Appraising the next generation’s appetite and skillset to drive the future business forward
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Assistance with structuring a suitable succession route and executing the desired plan (for instance a family buy out – similar to a MBO)
Business Succession Process
Get In Touch
Our corporate finance advisors have a wealth of experience helping business owners executive a smooth succession for their business.
The sooner you speak to us about your business succession the better. It allows us to prepare your business for your exit to ensure continuity and allows you the best possible exit.
Plan Your Exit
Once you have reached out to us, our advisors will get to understand you, your business and your succession aims.
Once we know all the above, we’ll advise you on the steps needed to achieve your succession goals and be there to support you throughout the process.
Prepare Your Business
As business owners ourselves, we know first-hand the importance of your business to you.
If you are looking to exit the business, making sure the necessary steps are taken to ensure continuity is vital. This could involve hiring senior figures within a business or up-skilling your current management team.
