Attend this intensive half day one-on-one training session and kick-start your succession planning. This service has qualified for the NZTE Capability Development Voucher Scheme, and is eligible for voucher redemption.
Simply put over the next five years there will be more
businesses for sale than there are buyers. To have any chance of
realising the full value of their business, owners need to start
the succession planning journey now or risk losing their nest
egg.
Understanding how to structure and manage your business is vital
if you want to optimise your financial returns and successfully
plan for the future. Working one-on-one with our team, you
will leave better equipped to identify what you need to
do to start doing now to prepare for succession, structure the
succession deal and take your business to market.
Learning outcomes:
Determine the state of the business
- Understanding your succession options
- Undertaking a business diagnostic: What shape is your
business in and where are the gaps?
- Determining how much your business is worth. When is a
valuation necessary?
Develop a succession plan
- Establishing the profile of your ideal purchaser /
successor
- Determining a timeframe for your succession plan to be
implemented
- Implementing a business improvement programme
- Preparing the documentation necessary to make your
business market ready
Structuring the succession deal
- Putting your business on the market
- Preparing an information memorandum
- Enquiry management and assessment
- Managing the settlement
- Post settlement issues and opportunities
Your will also work through the "Readying your business for
tomorrow" workbook and a due diligence checklist which will assess
their succession readiness and kick-start your succession
planning.
Investment without subsidy: $975 + GST for
half day one-on-one training session.
Investment with subsidy: As low as $487 + GST
This one-on-one training session has qualified for the NZTE Capability
Development Voucher Scheme, and is eligible for voucher
redemption. The Voucher Scheme is designed to support up to 50
percent of the cost of this service.
To be eligible for funding your business
must:
- have fewer than 50 full time
employees
- be operating in a commercial
environment
- be registered for GST in New
Zealand,
- be privately owned, or a Maori Trust or
incorporation under the Te Ture Whenua Maori Act 1993 or
similar organisation managing Maori assets under multiple
ownership,
- demonstrate a desire to innovate and
grow
- undergo an assessment with NZTE's
regional business partner.
Book your training session
To book your training session and for information on how to
apply for funding assistance please contact us.