Future-Proof Your Business with Strategies for a Seamless Succession Webinar
Wilkin Chapman - Forrester Boyd
12PM - 2PM Thursday 6th March 2025
Ensuring a smooth transition of leadership is one of the most critical elements in preserving a business's legacy and continued success.
Join Forrester Boyd Chartered Accountants, Hull & Humber Chamber of Commerce, and Wilkin Chapman Solicitors for a 2 hour webinar where we will delve into some of the key strategies for effective business succession. From preparing future leaders to safeguarding your company's vision and culture, this webinar will provide the tools and insights you need to help you on the path to developing a robust succession plan that benefits both current and future stakeholders.
Who is this aimed at?
This event is intended for business owners and managing directors of SMEs and family-run businesses. Whether you are a start-up, or a growing business that is in the process of planning for the future, this webinar is perfect to help you plan for yours and your businesses successful future.
Schedule
12:00 – Introduction
12:05 – Jack Swallow, Solicitor, Wilkin Chapman
12:30 – Adam Ottley, Partner & Kelsey Jerrard, Solicitor, Wilkin Chapman
12:50 – Comfort break
12:55 – Paul Tofton, Partner, Forrester Boyd
13:40 – 20min round-up and Q&A
Speakers
Paul Tofton, Partner, Forrester Boyd
Paul will focus on essential topics related to exit strategies and succession planning, covering how to ensure your business maintains its value over time. He will also discuss tax planning strategies and navigating the complexities involved in preparing for a successful exit, ensuring continuity and long-term success whatever your exit plan might look like.
Jack Newall-Swallow, Solicitor, Wilkin Chapman
Jack will discuss the importance of having valid Wills in place and Business Lasting Powers of Attorney (LPAs) to maintain effective management of a business in unforeseen circumstances. They will also explain the importance of planning ahead for future stability and continuity, including the role of Business Property Relief (BPR) in reducing inheritance tax on business assets.
Adam Ottley, Partner and Kelsey Jerrard, Solicitor, Wilkin Chapman
Adam and Kelsey will focus on the various exit strategies available to business owners. They will include an overview of third-party sales, comparing share sales and asset sales, and outlining the key legal considerations and preparatory steps for such transactions. Other exit options, such as management buy-outs and company-owned share purchases, will also be discussed.
