BUSINESS SUCCESSION
Business owners invest a great deal of energy and resources in building value in their business but they pay little attention to how they might unlock that value when needed.
The impact of poor succession is a loss of retirement “nest eggs”, loss of jobs, falling asset values and declining wealth resulting in a loss of the value created by the investment of energy and resources over the years.
Succession planning is not an event but a process that takes a number of years for most businesses.
The Mercury Centre now has available an "ESOP Model" that can assist retiring small business owners to transition their businesses to their employees as part of a succession plan. More...
The Mercury Centre can assist with other options and strategies that provide the best outcome for the owners and the business.