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.
Louis Oosthuizen Junior Golf Academy
On behalf of the Louis Oosthuizen Junior Golf Academy, we wish to thank LUMENROCK for the outstanding advice and services rendered to the Academy. We value the honesty, professionalism and very high ethical standards of the company, directors and staff. It is a pleasure and honour to be associated and do business with LUMENROCK.
I am the Managing Director of various legal entities; varying from agriculture to residential and business developments. For the past six years Pieter Esterhuizen has been involved with all, baring one, legal entity. I have always received excellent service from Pieter and I am impressed with his personal knowledge of all spheres of business, as well as his professional and speedy response to quer...
JB van der Westhuizen
Chairman: Various Companies
The Van Der Westhuizen Group of Companies has been associated with LUMENROCK (as well as previously with KSE & Associates and Mr Pieter Esterhuizen in his personal capacity) as our auditors for almost a decade. Their services have been of an extremely high professional standard and we are proud to be associated with the group. Their availability and friendly assistance have been immaculate.
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