There are many examples in Irish business of long-established family businesses passing to the third and fourth generations and beyond. However, there are significantly more who have not got to that stage, primarily because they didn’t adequately address one or more of the key considerations with sufficient care or regard.
As business and personal advisors we are often in the very privileged position of learning business owners’ inner thoughts on what they want to happen with their business in the coming years. Naturally, this often includes significant time addressing their aspirations for their families as well.
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Why Grant Thornton
We have extensive experience guiding our clients successfully through the succession process. This involves advice on both the qualitative and quantitative aspects of the process. While there is a business at the core of each succession plan we advise on, it is all predicated on understanding the people and their respective wishes.