We at Kayal Partners understand that succession planning is a process. Our team of professionals have been assisting our clients with business succession planning for some time now. Our process ensures a smooth transition to the next generation.
We have done this by:
- Identifying the goals and objectives of the existing owners
- Designing a comprehensive Business Exit Strategy
- Identifying key roles for succession
- Define the competencies and skills required to undertake those roles
- Identify which family members want to be involved in the succession planning process
- Identify key employees of the business that can be part of the succession plan