There is no such thing as an “off-the-rack” succession plan. The strategy HarrisJones Advisory recommends will reflect your unique characteristics and circumstances, as well as those of your business and beneficiaries.
We consider all your assets and liabilities, both current and contingent. As a family business owner, your most important business asset is your shares in the company. This is the most complicated asset to transfer and requires careful planning to maximize its value.
Your personal assets (houses, cottages, boats, cars, artwork, collections, etc.) also require some planning to transfer and may affect your decisions on how to distribute your estate.
Our holistic approach goes beyond simply dealing with the features of your business as they exist today. Anticipating future events that could threaten your ability to reach your desired outcome, we suggest enhancements that can be made now to ensure success. Built-in agility means your plan can respond to future changes in circumstances.