Succession Planning Boost
An Expert Partner for Your Succession Planning Needs
Business succession planning is an integral part of a business owner’s strategy for the future. It involves the process of transferring the management of a business from the current owner to a new management structure.
- Family structure – either operational or Board model.
- A senior management structure.
- Sale of the business.
- Lease to others.
Create Greater Efficiency and Effectiveness by
It is important to create a plan that outlines the goals, objectives, timelines, and strategies for the transition, and to ensure that the structure is well-prepared to take over the business. With careful planning, business succession planning can ensure a smooth transition and maximise the value of the business.
structure for your business, we will
work with you to:
- Understand the existing structure and level of
involvement of the current owners. - Determine the key measurables of the business to define strategic controls.
- Design a transitional structure and period for the owners to step back.
- Establish a Dashboard and reporting structure to enable the existing owners to confidently transition.
Don't Wait for the Unexpected. Succession Planning can Help Safeguard Your Business.
Succession planning is an essential aspect of running a successful business.
Get in touch with us today to begin securing your future.
Personalised Support From ONE OF the Best in the Business
Eoin Loftus has been a leader in the tourism accommodation industry for over three decades. During this time, he has honed his commercial skills and expertise to help optimise businesses for maximum performance and profitability.
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Transform Your Business with Hospitality Consulting That Dares to Care
Loftus Business Advisory brings the expertise, exposure, and knowledge you need to regain control of your hospitality business. Don’t struggle alone. Contact us today and find out how we can help you succeed.