Are you a business owner or director considering the future of your company? Succession planning is a critical aspect of ensuring a smooth transition and continued success. Our Succession Planning for Business Owners course, delivered by fds, is designed specifically for directors and key senior team members.
This half-day training session provides invaluable insights into preparing for succession, selecting the ideal exit route, and determining the right time to begin the process. Whether it’s a shareholder looking to exit, someone planning for retirement, or a senior management team ready to take the reins, this course will equip you with the knowledge and strategies needed to navigate these pivotal decisions confidently.
Succession Planning for Business Owners Course Overview
Succession planning is a crucial aspect of business for entrepreneurs, shareholders, and stakeholders. In this half-day course, participants will gain a better understanding of how to prepare for succession, choose an ideal exit route, and determine when to begin the process.
Deciding to exit a business or begin succession planning can happen for various reasons. It could be a shareholder no longer wishing to remain in the business, someone hoping to retire, or a senior management team in place who could take the business forward.
Succession Planning for Business Owners Course Outcomes
- Understand why succession planning in advance is essential for any business.
- Learn the different reasons why people may embark on their succession planning journey.
- Understand the company valuation process and what to consider.
- Learn about a Feasibility Study exercise and what this includes.
- Gain a better understanding of different types of exit routes and the pros and cons of each.
- Learn about the processes of the most common exit routes.
- How to choose the best advisors and what to look for.
Get In Touch to Book Your Succession Planning for Business Owners Session
We can deliver the Succession Planning for Business Owners course to up to ten attendees, facilitated in person, in a half-day or full-day session option. For any attendee numbers beyond this, we would aim to understand the group’s requirements, taking into consideration all participants and the level of interactivity available.
If you would like to learn more or discuss your company or group’s requirements, please get in touch to have a confidential discussion about the Succession Planning for Business Owners course.
