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bridge leisure management ltd.  40-44 Newman Street London W1T 1QD
Tel: +44(0) 20 7637 2935   email: info@bridgeleisure.com Website:  www.bridgeleisure.com
Registered Office  Harbour Court Compass Road North Harbour Portsmouth Hampshire PO6 4ST  Registered No. 6701137
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What’s the idea?

Succession is one of the most challenging issues to face any business and yet it is often ignored. Family owned companies find this issue even tougher and the emotional aspects of succession planning have torn apart many successful businesses and happy families. With relevant experience of these challenges we can provide practical help to manage the succession process and protect the business interests. Our unemotional, commercial involvement can ensure that the interests of the company stay top of the agenda however complex the process may be.

How does it work?

No two businesses are the same and this is an area where each company will require a carefully tailored solution. Our involvement can be anything from some general advice to taking responsibility for the running of the business while a succession plan is agreed and implemented. Key elements of our service could include:

·
Clarifying the skills the business needs to develop and thrive.
·
Helping to identify internal candidates for succession roles.
·
Mentoring and supporting individuals in preparation for more responsibility.
·
Supporting individuals in new, more challenging roles.
·
Providing an unemotional conduit and balance between opposed parties to
       succession debates.
·
Helping to build a clear strategic vision for the company that all parties agree to work
       towards irrespective of   succession issues.
·
Ensuring the business benefits from the best of everyone’s input; old and new.
·
Helping to agree a timetable and steps for changes in management with all parties.
·
Assuming management responsibility for the business while an appropriate successor
       is found or trained, or while disputes are settled.

Our help can change from case to case but at its core is the recognition that the business has to come first both now and in the longer term.

How much does it cost?

Fees will be agreed with the client before any work starts and are usually charged on a time or project basis as the client requires. For further information please call us on 020 7637 2935 or complete our contact request form.
Succession Planning
“We didn’t want to sell the business
but couldn’t agree on a way forward...”
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