Business performance and succession

For owners of established businesses who want the business to perform better, depend less on them and be worth more when the time comes to step back.

Is this you?

• The business still depends on you for most decisions
• You want a better return from the turnover you already have
• You are thinking about selling, handing over to family or bringing in partners within the next five to ten years
• Most of your wealth is tied up in the business
• Family members work in the business and roles are not always clear

How we help

• Performance reporting. Monthly or quarterly management accounts, budgets against actual results and the few measures that drive your profit.
• Profit improvement. We focus on turnover, margin and the costs that move with them, and test what can realistically improve.
• Business systems. Documented processes and reporting that let the business run well without you in the room.
• Succession and exit. Sale, transfer to family or a management buyout, including the small business CGT concessions and how the 2027 CGT changes affect your timing.
• Family business. Clear roles, fair treatment of family members in and out of the business, and a plan everyone understands.
• Wealth beyond the business. We work with trusted specialists on self-managed super, insurance, financial planning, and wills and estate planning.

Common questions

When should I start succession planning?

Ideally five to ten years before you want to step back. Several tax concessions depend on how long you have owned the business and how it is structured, and the best result usually needs time to set up.

How do I make the business less dependent on me?

Start with reliable monthly reporting, documented systems and clear responsibilities for your team. A business that runs without its owner is easier to manage and more attractive to a buyer.

Will the 2027 CGT changes affect the sale of my business?

They may. We model the outcome under the current rules and the new rules so you can decide on timing with the numbers in front of you.

What will it cost?

Your first consultation is free and without obligation. After that, we agree the scope of work and the fee with you before we start.

Related reading

• The heart of the matter – succession planning for the family business
• Grow your family business while preserving family relationships
• Efficient business systems really pay off
• What do the 2027 capital gains tax changes mean for my business?

Plan your next step

Book your free initial consultation in South Perth, in Albany or by video.

Book an appointment · South Perth (08) 6436 0900 · Albany (08) 9842 2511