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When do you need exit & succession planning?

Ideally—as soon as possible. To get the most out of all your hard work, it is always worth considering and preparing for your “end game” sooner rather than later. To quote Stephen Coveys 2nd Habit of Highly Successful People “always start with the end in mind”.

Exit & Succession Planning powerfully prepares your business for a transition in ownership — when you wish to move onto new challenges, or venture to the next stage of your life’s ambitions.

How to build a succession plan?

Planning for the succession of your business can be very complicated. This is why we have developed this succession planning guide to assist business owners how to successfully accomplish the transition process.

Although succession plans will be different for different businesses, there are many steps that are common to any succession plan. The common steps outlined in this guide are:

Business plan services

  • Exploring your options
  • Keeping the business in the family
  • Selecting and preparing a successor
  • Planning a management buy-out
  • Determining the value of the business
  • Selling the business
  • Financing the succession plan
  • Understanding the tax and legal issues
  • Managing wealth to secure your future

Head Office

SCO 156-160, 2nd Floor. Suite No. 211 Sector 8(C),
Chandigarh (160008)
(987) 873-5143
(935) 645-1212

Branch Office

Old TB Civil Hospital Road, Adarsh Nagar, Dhawan Colony, Ferozepur, Punjab 152002

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DDES's The DDES's is always aiming at sketching the dream career