Are you sitting on untapped wealth and opportunity in your business? Wealth that won't be extracted if you sell your business outright?
Maybe you still enjoy working in your business but want to work on the parts of the business you enjoy or are good at? Or do you simply want more free time? If you are committed to leaving a strong legacy behind you don't want to leave it to the wrong people. A professionally facilitated business owner transition could be what you need. Achieve your goals through Platform 1 finding a talented person to work alongside you, help grow the business and buy you out gradually.
With Platform 1's expert business succession planning, you can enjoy the future you've always wanted.
We’ll help you get positioned to work only on those parts of the business you enjoy or where your skills are most valuable. At the same time, we’ll help you plan and implement a staged exit that delivers you more wealth than an outright sale could ever achieve.
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Does your business have opportunities that you haven't yet been able to capitalise on? A fresh injection of talent and capital could take your business to the next level and achieve its potential.
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Bringing a skilled person with capital to work in your business can often help take it to the next level and make your vision a reality.
Read MorePlatform 1 finds a talented leader who agrees to buy into the business as part of a gradual transition so you can free up time, grow wealth and improve your lifestyle.
With early phase or growth stage businesses, Platform 1 finds the people with both capability and equity to partner with you and help drive your business to the next level.
Already identified a successor for your business? Platform 1 can structure the ownership transition using its proven process to maximise the probability of success.
Unsure of all your options? Platform 1 will give you a clear understanding of the exit strategies relevant to you in a detailed, customised report.
Platform 1 understands SME business owners and through a robust end to end process finds talented people for your business.
The Platform 1 process is a realistic option for your clients who are looking at succession or want capability and equity to grow their business.
"Business Owner Transition is a method of exiting your private business, over time, to an external talented person with capital. This person works full-time in your business and buys you out over time to an agreed plan.
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"You will not get a Superman or Wonder Woman if you hire a GM for your small or medium-sized business. We have met many business owners who have tried unsuccessfully to do this themselves. Whether the person comes from within or externally there are some key reasons for this.
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"Exiting your business now makes sense for many business owners. Why wait? The Platform 1 NZ Business Owner Succession Survey in April 2020 showed that 76% of business owners > 60 years old were looking at succession within the next 3-5 years and the pandemic had changed the succession thinking of 30% of business owners. We are now a year down the track and many business owners are still in a holding pattern and considering options. You are naturally thinking about when is the right time to exit.
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"It was a challenging 2020 for many business owners so what are your goals for 2021? Whether your business has been impacted positively or negatively your business succession should be a priority particularly if you are in the baby-boomer demographic and looking for a change of lifestyle.
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"Business owner Chris wants to retire… but not yet. By exiting his electronics manufacturing company gradually, via Platform 1’s Business Owner Transition model, he gets to enjoy the best of both worlds. Click the READ MORE button to access the video
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