Succession planning
Succession planning is a complex process involving many business disciplines. As family owned firms make up 90% of the indigenous business sector in Ireland, succession planning is a vital aspect of the long-term strategy of most Irish companies.
It becomes more complex as many different business, financial and personal issues come into play. A good succession plan for private companies looks at a range of issues such as:
- Suitable talent
- Possibilities of floating
- Current leaders
- Corporate structure
- Estate planning
- Insurance
- Share transfers
Deloitte Private utilises the extensive experience of our people to advise you and your family on all areas of succession planning, including the tax efficient transfer of your assets/and or your business to the next generation.
Our methodology is designed to help private companies and business owners manage an orderly transition of the management and ownership of their business.
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Get in touch with our Deloitte Private experts in Dublin, Cork or Limerick to discuss your company, family or individual business needs.
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