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We offer a wide variety of business growth services, from identifying areas of your business that need improvement through to providing support once a project is complete.

Services

Lifecycle and Succession Planning

Comprehensive planning from business idea inception to the potential exit strategy.

Moving on from the business is a very difficult task. This is especially true in a family business with all the things that need to be considered outside of the business. Achieving a result that is both rewarding and pleasing is often the desired outcome, so that when you look back there are few regrets (if any).

We have helped many businesses transition to new ownership, whether it’s moving the business to a new generation, management buy outs or employee ownership. Equally, we have helped businesses deal with all the issues and forced changes caused by death or illness, including dealing with the family issues and ambitions.

We will help you:

  • Find a route that is a good one for you and those around you.
  • Help you make realistic assessments of the options.
  • Ensure you have in place the agreements, insurances and wills to cover the future.
  • Put in place the definitions of roles and responsibilities that are needed.
  • Guide you through the process of change and upheaval.

01953 882141 or email: enquiry@w-l-p.co.uk us about Lifecycle and Succession Planning

Lifecycle and Succession Planning - Success Stories (7)

  • Sale of a Snooker Club

    A Snooker club owner wished to retire because of his increasing ill health. He had tried to use others to help sell the business but with no success and considerable expense. His solicitor introduced him to WLP. We worked with him to see a sale through to completion. We obtained heads of agreement, enabled the Read More...

  • Succession Planning Protects Future for Ironmongers

    The client are a successful third generation retailer, specialising in ironmongery, hardware, homeware and china. They had identified the need to have in place all the necessary legal documentation to protect its owners, management and the future of the current business. Our consultant reviewed the business, with particular emphasis on the structure and capabilities of Read More...

  • Change of Ownership

    Negotiations for the takeover of a company was to change all arrangements with banks and registrations. The new parent company will not be consolidating their accounts for the year ended 31 December the next year but merely including it as a purchase. This provided a small window of opportunity between the takeover date and the Read More...

  • Change of Ownership

    A plc company was sold to a German company. The original deal was to be a straight transfer of share ownership; however, the new parent company was unwilling to take over the unlimited liabilities associated with the group final salary pension scheme. The deal became a sale of assets and liabilities to a dormant UK Read More...

  • Changing ownership with less pain

    A medium sized specialist contractor in construction had owners with who had grown at different rates.  There was unhappiness in the camp about the contribution being made. A strategic review was completed and one of the owners admitted that he did not really have a role. The owner was bought out by the other owner Read More...

  • Credit Crunch: Family Business Succession

    A well established family business had gone through a succession change and suffered the resultant challenges. The Managing Director needed an independent source of advice and guidance to enable the company to avoid decisions being influenced by family or emotive issues. We mentored them through this transition. We provided pragmatic advice and solutions, such as Read More...
  • Norman in client workshop

    From small business to buyout

    After 20 years in business as a cabinet maker, Simon Simpson found his business growing beyond what he believed were his management capabilities, so in the late 1990s he signed up for WLP’s Business Growth Club. As Simon puts it: “From being a cabinet maker who employed a few people, I began to think like Read More...