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Glossary of terms used on this site

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Term Definition
Succession plan

Relates to the transition of business ownership and is one element of a Business Succession Report. Succession planning may relate to immediate concerns (see exit strategy) or medium to longer term identification of a potential owner/s from internal or external sources.

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Testimonials

Julie Says

We are in a syndicate raised by us to purchase a commercial winery. Our accountant was concerned about potential withdrawal of capital and the effect this would have on our bank and remaining backers. Jim was asked to come in, sort it out and get written agreement from all parties as to the movement of capital. He delivered everything we needed and more. Every syndicate member was relaxed and so were our bankers. The legal side was set up by a solicitor of Jims suggestion and it was the simplest set of actions for us all to achieve security of investment.