Business Succession Planning
During the life of your business you, as a business owner, may need to deal with situations that will challenge the way in which the business continues, or continues to be owned.
These situations can arise if a business owner dies, is permanently disabled, is in default of your business structure agreement, or is simply wishing to retire. They can also arise if a new owner is to be introduced to the business, or if an offer to sell the business is received.
We help you to plan for these situations, and will often meet with your accountants and financial advisors and work together with them to formulate a strategy to resolve these situations including how to value ownership interests and how to fund the transfer of them.
At Bateman Battersby Lawyers Penrith our Business Advice Team can assist you with:
- Buy/Sell Agreements
- Shareholder Agreements
- Succession Provisions In Partnership Agreements
- Business Succession Provisions in your Will