by johnireland | Business Builder
The Succession Wave Is Real Nearly a third of UK SME owners aged 43 and over plan to sell within five years. That is roughly 58,000 mid-sized businesses approaching an ownership change, all at a time when the tax cost of selling or passing on a business has increased...
by johnireland | Business Builder
Fewer than one in five small businesses have key person insurance — yet every business has someone whose sudden absence would cause serious financial damage. Key person insurance pays a lump sum to the business when a critical individual dies or is diagnosed with a...
by johnireland | Business Builder
Businesses heavily dependent on one founder often appear successful externally while carrying substantial hidden valuation risk internally. Succession value is reduced when operational knowledge, relationships and decision-making remain concentrated in one individual....
by johnireland | Business Builder
Businesses become vulnerable when every significant decision flows through one individual. Founder dependency reduces scalability, weakens succession readiness and can materially affect long-term business valuation. High-performing founders are often rewarded for...
by johnireland | Business Builder
Businesses built entirely around one individual often struggle during succession, regardless of profitability or turnover. Rapid growth attracts attention. Sustainability rarely does. Many entrepreneurial businesses achieve impressive financial results while remaining...
