Succession planning enables business owners to carefully design a roadmap that aligns with their personal retirement goals and the strategic growth objectives of their business. It is crucial for managing generational transitions, preparing for the sale of the business, integrating new partners, or appointing an external CEO.
Why is Aspia a valuable partner in succession planning?
As an owner-managed business, there is a multitude of responsibilities to manage. Consequently, long-term ownership planning is often overshadowed by the demands of daily operations, which can adversely affect profitability and growth.
Our succession planning experts can assist you in identifying your needs, considering tax, financial, organizational, and legal aspects. The foundation is your vision for future ownership, both in the short and long term.
Begin early, even if your strategies are planned for the distant future, as delaying can restrict your options. With a clearly defined and unified ambition and goal, owners, the board, and management can work proactively and with focus to steer the business in the desired direction. Our experience indicates that integrating multiple perspectives often generates significant value.
Where are you and where do you want to go?
Our experiencedemonstratesthat the mostsignificantadvancements in owner-managedbusinessesareachievedwhenpersonal motivations and goalsarealigned, both for individualowners and collectivelywithin the ownershipgroup.
Company Perspective
Ownership Directives:
Clear mandate for board and CEO?
Tax – Optimal Company Structure:
Multiple operations within the same company?
Holding company - advantages/disadvantages?
Construction business, property holdings, property purchases?
Increase/decrease the number of shareholders?
Finance:
Growth versus profitability?
Company value today?
Financing growth?
Organisational:
Dependency on the owner?
Correct structure/competencies based on the vision?
Active and professional board?
Proper incentives for key personnel?
Legal:
Shareholders' agreements?
Share register - who keeps track of it?
Personal Perspective
Owner's Perspective:
Time horizon as an owner and as an employee?
Risk tolerance?
Why be an owner in your company?
Tax - Dividend or Sale:
Right balance between salary/dividend?
Keeping track of your tax-free allowance?
If you sell the business - who buys?
Finance:
Growth versus profitability?
Company value today?
Financing growth?
Organisational:
The right place and the right tasks?
Reasonable workload?
Legal:
Family law issues?
Our Offer
Offer - Free Workshop
We offer a free 60-minute digital workshop. During this session, you will gain exclusive access to our business ownership planning and business development consultants. We will address your key needs and challenges from an ownership perspective. Prior to the workshop, you will complete a brief questionnaire based on the model above, which will serve as the foundation for our discussion.
What happens next?
Depending on the outcomes of the workshop, you may need to prioritize various issues. We can customize solutions to address any challenges that arise. Aspia offers a comprehensive range of advisors specializing in areas such as tax, strategy, organization, valuation, generational transfer, and ownership transfer. Should you wish to proceed with our advisory services, we are here to support you.
Contact us
Don't hesitate to leave your contact details – we'll get back to you as soon as we can.
All tax advisory services are managed by Skeppsbron Skatt, a part of Aspia. Skeppsbron Skatt is a member of Taxand, the world's leading global network of independent tax advisors.
