What will happen to your business when you are ready to retire? It’s important to create a succession plan for the future so that successors can be groomed, and you can enjoy the rewards of having built a business.
Family businesses often find they have waited too long to begin planning their exit. Younger generations don’t always share their expectations of work. At the same time, economic and technological change can have unforeseen consequences.
Baby boomers who wish to retire in the next 3 years or so have an ideal opportunity to maximise their revenue and prepare for an exit strategy with more money in their pocket.
BlueKite Capital believe in assisting their partners grow.