Generations Personal and Professional Financial Advice WodongaFinancial Services Partners

Business Succession Planning

Most business owners today recognize the value in planning for their success through a business plan.

A succession plan is just as important because it places all the assumptions, responsibilities and issues of trust into a legal document providing you, your business and your family with certainty.

It provides:

  • A terminating owner (or their estate) with the option to sell their interest in the business to the remaining owners in an orderly fashion.
  • The funding mechanisms for the remaining owners to purchase it.

Graham Jenkin can work through the issues in consultation with you, your legal and accounting advisers to piece together all of these issues to ensure a smooth transition whether at an expected or unexpected time.

Likewise, Graham can help you identify if your business would suffer a loss, if one of your key people died or became unexpectedly disabled and how to fund for a better outcome so that your business survives.

Contact us today for further information.

Our Services

Financial Planning incorporates a number of different designations and broadly includes:

 

The information within is general advice only, prepared without taking into account any of your individual objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. You should obtain a Product Disclosure Statement relating to products mentioned before making any decisions. For Australian residents only.

Graham Jenkin and Megan McGrath Authorised Representatives of Financial Services Partners Pty Ltd (ABN 15 089 513 587 AFSL 237590)
Nilmar Pty Ltd (ACN 122 436 891) as trustee for Generations Unit Trust (ABN 16 990 501 129) trading as Generations Personal & Professional Advice is a Corporate Authorised Representative of Financial Services Partners Pty Ltd (ABN 15 089 512 587 AFSL 237590).