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Succession, Lancashire

Business Financial Advisory

Succession

This is a major problem for many business owners currently operating in today’s market place. It is also one issue that is all too often forgotten about or not addressed in sufficient time.

If the current management team or members of the family are not capable or do not want to take on the business then the only option may be some type of business sale.

The most appropriate route will depend upon whether you have sufficient time to recruit a capable management team that have access to finance and that you are comfortable with.

Any available options require both detailed planning and sufficient time to implement the necessary changes.

The issue of succession cannot be considered too early.

Ashworth Moulds
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Our knowledge and experience across all sectors helps many local businesses and individuals, whether starting up in business or planning for retirement.
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Ashworth Moulds Chartered Accountants
11 Nicholas Street, Burnley BB11 2AL
Tel: +44 01 282 432 171
Fax: +44 01 282 412 510
Email: accountants@ashworthmoulds.co.uk