Succession Planning

If you are the head of a company, you need to carefully plan for the future, which includes:

  • My business and its survival when I am no longer running it
  • My personal cash flow on retirement

Succession planning is a process for identifying and developing internal people with the potential to fill key business leadership positions in the company.

Research indicates that clear objectives are critical to establishing effective succession planning.

If you want the family business to be more than just a one generation wonder, either stay within the family or building up to be an attractive investment for an outsider,   there must be a plan in place to reach these goals.

 

 

 

Carl Lategan
Carl Lategan, Alistar (bio-fuel industry)
I make use of your excellent service of having a virtual office for administration, making a start-up company a breeze. - See more at: http://lumenrock.co.za/about/client-feedback#sthash.g9udwoyq.dpuf
BD Boshoff
Director: Bernhoff Boerdery
Pieter Esterhuizen (prior KSE and now LUMENROCK) has been our auditor for the past 17 years. He was the accountant for several of our companies in property development, as well as the farming sector. It was during this period of time that he distinguished himself as a unique financial advisor, who is always capable of doing what is best for each and every company – in every possible situation. H...
IS Ferreira
IS Ferreira
I have known Pieter Esterhuizen for over ten years in his capacity as my accountant and financial advisor. His sound and very professional financial advice has always been outstanding. He and his firm is dynamic, trustworthy and very loyal to me as a client. It is an honour and privilege for me to be associated with Pieter and LUMENROCK.

 

 


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Tel : +27(0) 86 187 3255
Fax: +27(0) 86 509 4151
Email: info@lumenrock.co.za