Displaying 1-13 of 13 results
SOLICITORS COMMUNITY
Why succession planning matters in professional firms
- Jul 2025
- Max Masters
- Solicitors Community Newsletter
Succession planning is often viewed as a future problem – something to be addressed when retirement is on the horizon. But in reality, it’s a strategic imperative that professional firms must tackle early and revisit often. Whether operating as a partnership, LLP, or company, the absence of a clear succession strategy can lead to operational disruption, financial strain, and reputational damage. This article explores the risks of inadequate planning through illustrative scenarios and offers practical guidance on how to build a resilient, future-ready firm.
Governance and Appointments Committee Terms of Reference
- Feb 2025
- DOCX (163kb)
- ICAEW
GAC is accountable to Council and has two standing committees: the Board Nomination Committee (BNC) and Volunteer Nomination Committee (VNC).
Succession planning: could an ESOT be the answer?
- Jan 2025
- ICAEW Insights
Practice owner Peter Hollis decided on an Employee Share Ownership Trust when thinking about succession planning for his practice. He explains the process and the lessons he’s learned.
Exclusive
Solvent exit planning for UK banks and insurers
- Jul 2024
- Michelle Adcock, Prudential Banking Sector Lead & Alisa Dolgova, Prudential Insurance Sector Lead, for KPMG
The UK already has a robust resolution regime for banking institutions, which was first implemented in the wake of the Global Financial Crisis. Focus has historically been on the resolvability and exit strategies of the largest ‘too-big-to-fail' banks.
CORPORATE FINANCE FACULTY
Jon Moulton: The new rules for board games
- Mar 2023
- Jon Moulton
There’s no simple formula for putting together the right board of directors. If only there was, says Jon Moulton.
How can accountants help businesses transition to employee ownership?
- Jan 2023
- ICAEW Insights
Employee ownership can offer succession-planning benefits. We hear from an architecture business that has recently transitioned to an EO model and the accountant who helped it through the process.
Exclusive
CORPORATE FINANCE FACULTY
Finding a successful exit strategy
- Jun 2022
- Jason Sinclair
Wall Street wags have updated the maxim ‘Markets hate uncertainty’ to ‘Bad certainty is better than uncertainty’ – and exits need some certainty to complete. Jason Sinclair talks to corporate finance advisers about preparing for the coming economic dip.
Exclusive
FARMING AND RURAL BUSINESS COMMUNITY
Farm succession planning
- Nov 2021
- Julie Butler
- Farming and Rural Business Community News
It is impossible to open a farming publication without finding reference to succession planning and the need to embrace now. Following on from David’s excellent article in the spring newsletter, I now look at the tax.
PRACTICE DEPARTMENT
Increase in founders and owners choosing employee ownership as a succession option
- Oct 2021
- Employee Ownership Trust
The employee ownership sector recorded a record 30% increase in the number of business transitions to employee ownership during the pandemic, as the Employee Ownership Trust explains.
Why accountants should care about diversity and inclusion
- Jul 2021
- ICAEW Insights
An EY Diversity Champion outlines key benefits the accountancy sphere will realise once they make the profession more inclusive. It starts with a spotlight directed at succession planning metrics.
Exclusive
Creating a succession plan
- May 2020
- Mark Blayney Stuart
- Business and Management
Having a succession plan is vital for all businesses, start yours here.
Exclusive
CORPORATE GOVERNANCE COMMUNITY
How long should a CEO stay in place?
- Dec 2019
- Iain Wright
- Corporate Governance Community Newsletter
Short-term changes at the top do not result in long-term or sustained success.
MEMBERS DEPARTMENT
A guide to exiting your business
- Jan 2012
- Clive Lewis
Useful tips on exit planning, succession planning, business valuation and managing a successful transfer when you want to retire from or exit your business.
Displaying 1-13 of 13 results