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Capital Business Solutions

Succession Planning

  • SUCCESSION PLANNING

    Many business owners are so occupied with the operation and marketing of their business that preparing their business for an ultimate sale is neglected. It is always good to have a Succession Plan in place.

    A Good Plan Discusses:

    • Management team in place with skilled and loyal workforce?
    • Sales growth trends and strength of sales backlog.
    • Strong company culture and loyal customer base.
    • Balanced and growing customer mix.
    • Strength of the market position. Are there barriers to competitive entry?
    • Strong products and services brand.
    • Up-to-date technology with modern work-flow systems and processes.
    • Solid vendor relationships (not handshake relationships!)
    • Is there a written business plan?

     

    WE KNOW SUCCESSION PLANNING.
    LET US HELP YOU UNDERSTAND THE KEY FACTORS!