What matters most
- Starting early
- Good succession takes years, not months.
- The options
- A family member, the management team, a partial sale or a full sale all lead to different places.
- Ownership and management
- They are different questions. Treating them as one causes friction, especially within families.
- Continuity
- Customers, staff and lenders want to know the business will be in good hands.
Where it goes wrong
- Leaving it until health, family or the market forces the issue.
- Assuming the next generation wants to run the business.
- Handing over management without handing over authority.
How Jaron helps
Setting out the options and what each means for the owner and the family
Preparing the business and its next leaders
Structuring and, where needed, negotiating the transition
Acting as an independent voice between family members and shareholders
Other situations
- Selling a businessTiming, preparation and choosing a buyer who will complete.
- Buying a businessChoosing the right target, holding price discipline and planning for day one.
- Raising capitalThe right capital, on the right terms, from the right people.
- RefinancingResetting debt so it suits the business as it is today.
- Partners and joint venturesBringing in a partner on terms that still work when things get difficult.
Engagements are by introduction.
How introductions work