Most businesses in Ireland are SME’s and many are family-owned. At some stage the founder or current owners will need to consider succession planning and retirement, whether it’s passed on to another generation or sold outside the ‘family’. By Dave Hickey F.C.A. Why is a succession plan so important? Life happens—and unless you have a …
By Pamela Wynne You may not be considering disposing of your business right now or even in the short-term. However, you may need to move on from the business for many reasons and it’s good to have a plan as well as an understanding of what’s needed to make a successful sale. Buyers generally look …
Whether retirement is 30 years away, just over the horizon, or not in your game plan at all, a succession plan is vital to ensuring the continued success of your business as well as securing an income for your retirement. Before the pandemic, succession planning was often seen by business owners as an important but …
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