Succession Planning & Exit Strategies
Have you been considering exiting your business within the next five years?
You would be one of many across New Zealand.
It is a little recognised fact that we in fact have a deficit of people in the next generation – Generation X those in the age group of 35 to 45 year olds – to take over from the Baby Boomers, those born in the period 1946 through to 1964. The deficit is not small; it is estimated at 40 000 people!
Within this simple demographic fact lies a fundamental challenge – Who will own and operate your business as you look to change your lifestyle?
Whatever the reason you, as a business owner, partner or director may want to exit your business in the next while, you are entitled to reward for your effort and investment in your business.
There are many ways to exit your business: perhaps you would still like some involvement or you may want to sell it outright. Whatever your choice, we at Hipah Consulting will assist you in articulating an appropriate tailor made solution that achieves both your personal exit goals and the requirements for your business to remain a going concern. Our services include:
- Business Exit Strategy
- Succession Planning
- Business Continuity Planning
- Establishment of Advisory and / or Official Boards
Given the complexity of strategic business exit, we cannot house all the specialised skills required for smooth transition. To this end we are proud to have business associates who specialise in the areas of:
- Law
- Business Continuity
- Venture Capital
- Financial Investment
- Business Valuation