Our Commercial Lawyers are well versed in all aspects of business succession and exit planning. We will be able to provide you with the best understanding of the options available, allowing you to make an informed decision about your future.
Our lawyers regularly assist clients with all manner of business succession matters, including:
An often overlooked aspect of running a business is how the business will continue to run in the event of your incapacitation or death.
Without clear instructions on how the business is to be run in your absence, it is common for disputes to arise between the various parties with an interest in the business. This can prevent the business from operating in an efficient manner, which can ultimately cause detriment to the value of the business itself.
Having the proper legal documents in place will provide the stakeholders with clarity about how to best maintain the business, ensuring that the value of the business is maintained for the benefit of your beneficiaries.