Many Self Directed DIY, or SMSF investors will be successful business owners. This article may assist with thinking about 'Busness Sucession Planning'. The ultimate transition from active engagement in a business to a passive investment income portfolio may highlight the benefits of early planning and an understanding of how you can trasition business. The ultimate investment portfolio will need little work or attention, be broadly diversified, be a source of money, cash flow and provide simple administration like ETFs.
"There are many different reasons for preparing a business through succession planning – and it’s not just to ensure a company passes hands smoothly. The following case study shows that some careful planning and implementation of strategies can result in a diverse range of positive outcomes from increased staff retention to a structured exit scenario."
| Attachment | Size |
|---|---|
| SuccessfulPlus_Guide_V1.pdf | 119.54 KB |
