Succession

Your Forward Plan

Proactive planning

For most business owners, the idea of when to pass on or sell the business or family farm is an issue most tend to avoid.

Unfortunately, often an even such as death, divorce or accident forces the issue and the best result isn’t achieved.

By proactively planning for the handover of your business and assets, contemplating the future needs of family group members, borrowings and appropriate entities, you’ll be prepared for the unexpected when it happens and have certainty for the next generation wanting to take over the family business.

Carrick Aland understands the difficulty in starting those conversations. To this end, our free booklet explains the process and what’s involved.

Succession planning is a process where we step through your issues with other relevant professionals (e.g. solicitors) to formulate and future plan.

We understand that everyone has their own individual set of circumstances with respect to having owning and operating their own business, so our process is tailored and broken down into areas which we’re happy to explain in more detail.

• READ CASE STUDY: Farm succession – insights and lessons from a retired farming couple

STOP PRESS: Farm Management Grants for succession planning available until 30 June 2019. Read more here or contact Carrick Aland’s Succession Specialists on 07 4669 9800 for more information.