Helena Luckhurst and Katie Mitchell (Fladgate) consider the succession planning issues that entrepreneurs should consider at both an early stage and throughout the lifecycle of their business.
In the rush to build a profitable business succession planning is regularly overlooked at the outset of a new venture: it is often only considered at the time of an exit if at all. However even for young entrepreneurs succession planning should be considered at an early stage. Succession planning is not necessarily synonymous with planning for an individual shareholder’s death; in the widest sense it could include transferring shares to family members or new investors in the business while the founders are very much alive.
In this second of a series considering the lifecycle of a business this practice guide considers the succession planning issues that entrepreneurs should consider at both an early stage and...
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Helena Luckhurst and Katie Mitchell (Fladgate) consider the succession planning issues that entrepreneurs should consider at both an early stage and throughout the lifecycle of their business.
In the rush to build a profitable business succession planning is regularly overlooked at the outset of a new venture: it is often only considered at the time of an exit if at all. However even for young entrepreneurs succession planning should be considered at an early stage. Succession planning is not necessarily synonymous with planning for an individual shareholder’s death; in the widest sense it could include transferring shares to family members or new investors in the business while the founders are very much alive.
In this second of a series considering the lifecycle of a business this practice guide considers the succession planning issues that entrepreneurs should consider at both an early stage and...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
