Business Succession Planning

Failing to properly plan the transfer of the management or control of a business can have a significant (and detrimental) impact on the business

Business owners should have plans and strategies in place which set out what is to occur in the event a member of the business:

suffers a severe illness

is disabled

resigns

retires

dies

A Business Succession Plan can ensure you (or your family) receive the true value of your share in the business.

A Business Succession Plan, through a structured and orderly change of ownership, gives piece of mind to the continuing business partners and preserves the continued operation and value of the business.

For further information on how we can assist you, please contact Cec O'Dea.

News

Student Athlete Awards 2012

The Student Athlete Awards are now up and running for 2012. New entry forms are available and entries can be made either by filling out the form and sending it in to us or the Sunshine Coast Daily or by clicking on the link below:

www.sunshinecoastdaily.com.au/studentathleteawards

The Q400

Each year, the Queensland Business Review publishes a list of the top 400 private Queensland companies. This year, STO put in a submission to be included. In our first year, we were awarded a ranking of 157 out of 400. The ranking is based on various factors such as revenue performance, profitability and strategic outlook for growth. Businesses located on the Coast that made the list are:

· Evans Harch (19)

· Rockcote Enterprises (124)

· Infocus Money Management (125)

· Beckers Helicopter Group (153)

· Schultz Toomey O’Brien Lawyers (157)

· Cedar Hill Flowers and Foliage (162)

· Ferguson Cannon Lawyers (235)

· dtb! Advertising (314)

· Clearmake (322)

· Chilli Group (330)

The full Q400 list can be seen at http://www.qbr.com.au/queensland-400.aspx

	SUNSHINE COAST	\|	NORTH BRISBANE
mail@stolaw.com.au	07 5413 8900		07 3482 0500