For owners · Succession
Retiring, without letting go of what you built.
Succession is about continuity: for your clients, your team and the name you have spent years building.
Where does a succession conversation start?
With the timing you have in mind and what you want to protect. A useful first discussion covers the team, client relationships and how responsibilities might pass to others.
Questions to consider
- Your preferred timing and any flexibility
- People who could take on more responsibility
- The involvement you may want during a handover
Your priorities shape the plan.
- 01
Timing
When you would like to step away, and how much notice the business needs.
- 02
Continuity
How clients, suppliers and the team experience the change.
- 03
Your people
Who could take on more responsibility, and how they are supported.
- 04
Your involvement
Whether you would like to stay on for a period, and in what role.
Succession questions
How early should I start thinking about succession?
Earlier than most owners do. A few years' runway gives far more options — for the team, for clients and for you — than a decision made under pressure.
What happens to my team?
The team is usually a large part of why a business is worth acquiring. How they are looked after is part of the conversation from the start.
Start a private conversation.
Tell us a little about your business and what you are considering. There is no obligation, and nothing moves forward without your agreement.