Business ownership transfer using succession
Succession is the transfer of ownership of a business to the management and employees. It uses highly tax-efficient structures which allow capital to be raised.
Succession is an attractive alternative to sale or closure, typically for:
- Owner-managed or family businesses where there is no obvious successor
- Companies rationalising and looking for ways of disposing of non-core business
Both owners and employees benefit.
CDS's succession service is designed to make transfer of ownership straightforward. Our experienced staff provide overall management responsibility for the project. Their work includes employee participation development.
Our succession service
A typical succession package includes:
- Financial review of the value of the business and future income stream
- Negotiation between buyers and owners
- Market projections
- Production of an agreed business plan
- Production of a plan to raise any capital needed
- Human resource development for the new owners
- Organising employee share subscriptions
- Aftercare for the new owners
Further information
Please contact us to see how we could help you.
You may also find these websites useful:
Baxi Partnership
Employee Ownership Association
Business Succession