Succession Planning

RBS Chartered Accountants - help with Succession Planning

It’s a frightening fact that while Britons running small businesses put an enormous amount of passion and energy into the day-to-day success of the firm, hardly any of them give thought to what will happen when they are gone. Succession planning should be a key part of every business’s strategy, yet in the UK only a quarter of family businesses make it to the next generation and only 14 per cent make it past the third. RBS Chartered Accountants will help you with succession planning:

• Putting in place insurance to cover your temporary or permanent absence should the worst happen.
• Constructing a strategy to identify key roles in the company, and key people to cover those roles.
• Helping you with retirement planning.
• Building a contingency plan - after considering all contingencies.

And much more. Call RBS Chartered Accountants today for an informal chat about how we can help you with succession planning for your business.