Whether you’re planning to sell, retire or transfer ownership, it’s important to know the value of your business and prepare early to ensure you achieve an ideal outcome through considered succession planning.
Succession planning involves making decisions about who will lead your business into the future, and who will take ownership of it. By taking charge of this decision-making process, you will be able to attract a higher selling price for your business and minimise the tax you pay on the proceeds.
In the marketplace today, there are countless stories of business owners simply closing the doors and walking away. This should never be the case. All businesses hold value, and over time, business owners can work to maximise this value whether they plan to exit in 2 years or 10.
Get help to plan ahead
Succession Plus specialise in providing proactive, focused and strategic advice for SME owners to manage strategic Business Succession and Exit Planning, and their free high-level valuation tool is a great place to start and can help you establish a baseline value for your business.
A valuation can help a business owner establish where you currently are, what you set out to achieve and provide significant insights into the best pathway to grow and maximise value, and make the business journey far more rewarding and answer the important questions:
- Where are we right now?
- What is the business worth?
- What are the key contributors feeding into that value?
- How do I drive the value?
As a Qantas Business Rewards member you’ll be rewarded when you get exit ready, earn 1 Qantas Points per $1 spent on eligible Succession Plus products and services.
Important information
* Qantas Points for business are offered under the Succession Plus Terms and Conditions. Any claims in relation to Qantas Points under this offer must be made directly to Succession Plus by calling 1300 665 473 or emailing admin@successionplus.com.au. Qantas Points will be credited to the member’s Qantas Business Rewards account within 4 weeks of payment. Succession Plus customers will earn 1 Qantas Point for every $1 spent on eligible Succession Plus products and services including Business Succession & Exit strategies, Employee Share Ownership Plans (ESOP), Business Valuations, Business Sales and Strategic Advisory services under the Succession Plus privacy policy.
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