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Exit routes and succession planning

Whether you’re thinking of selling or downsizing your practice, developing successors, or retiring, it is important to consider the options available to you.

You may be considering passing on a family-owned business, selling your business to boost your retirement income or identifying a successor, making sure you have the right exit strategy is essential to the future of the business.

Articles

Succession planning: Assessing

Practice Department 17-06-2014

An overview of succession planning and why it is essentital for any practice to have a well thought out succession plan to cover multiple scenarios.

Library resources

Practice succession

Successful practice succession can be a real challenge. You may need to fund the retirement of older partners while keeping the practice an attractive proposition for new ones.

Buying or selling a practice

Advice to help make your practice more saleable and identify areas that potential buyers will want to explore.

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