I work alongside business owners, directors, CEOs and other members of senior management from professional practices large, medium and small, and provide advice through the following services:
Business Continuation Planning
The unexpected loss of a business partner is a shocking and painful event on both a personal and a business level. Putting together a plan for how the business will carry on can be stressful and disruptive for the surviving partner(s) if the necessary transfer of shares is not handled well. It is common to encounter disagreements on the valuation of the shares, and often the inexperience of surviving family results in the undervaluation of the shares when they are sold. It is therefore, essential to seek the counsel of a trusted advisor when undertaking this sensitive and often confusing process.
I can offer my expertise on business succession planning, including areas such as protection of keyman/keyowner, sale and purchase agreement, shareholder agreement, and professional management for business sustainability.
Employee Benefits Planning
Your employees play a vital role in the success of your company. Finding and attracting talented staff is half of the battle; retaining them is the other. There is a lot of competition out there, and often rival organisations are able to offer great employees enticing remuneration packages. Therefore, the importance of the reward systems, benefits and salaries offered by your company should not be underestimated. I can assist you in creating a comprehensive employee benefit plan which incorporates group life, disability, health and medical insurance.
I am also able to offer advice regarding staff retention schemes and gratuitous compensation plans for key employees and senior management.
Successful businesses will often keep pools of cash in reserve, left dormant for years until needed to enable further company growth. I can advise you on ways to successfully invest these funds to create potentially greater returns than standard interest received from the banks.