Exit and Succession Planning

Research consistently reveals that over a quarter of small business owners want to sell up. Others merely feel stuck in a rut. In spite of this, very few of those owners have any form of exit or succession plan and, therefore, often end up frustrated or having to close their business with nothing to show for their efforts put in over the years.

Planning
A key part of a successful exit or succession is putting in place a plan to secure the long term futures of both the owner(s) and of the business and its staff. Without a plan, it simply will not happen. Working closely with them, Passmore Deals helps business owners plan effectively. By way of an affordable structured workshop facilitated by Passmore Deals, business owners can build a strategy for exit or succession leading to a clear plan forward.

Implementation
With usual day - to - day business pressures that a business owner/manager has to face, implementing an exit or succession strategy often takes a back seat and the plan becomes overtaken by events or forgotten. Passmore Deals acts as a catalyst to help business owners ensure plan achievement.