By definition, succession planning is a process of preparing for future changes in leadership. It enables the business owners to plan for change in management, ownership and/or control. It is however frequently overlooked, in terms of both planned and unplanned business exits.
When unforseen circumstances arise, the lack of a succession plan can result in added stress, both emotional and financial for a business regardless of it’s size.
At AGS Accounting, we offer services that assist you in determining when and how you exit your business, consulting and working with you to best identify your retirement needs and maximise your total business value no matter what you want to do with your business.
Financial planning, corporate benefits and mortgage services are provided by AGS Financial Group Pty Ltd ABN 70 093 990 946, an Authorised Representative of AMP Financial Planning Pty Limited ABN 89 051 208 327 (AMPFP), AFS Licence No 232706. Accounting, taxation, and business advisory services are provided by AGS Accounting Pty Ltd ABN 12 166 728 696. Liability limited by a scheme approved under Professional Standards Legislation.