Strategic, Succession & Contingency Planning
Strategic planning is key to the continued financial success of any business. B C E Consulting can assist you in reviewing your long-term goals and objectives, then work with you to build a customized plan that works for your organization. The five steps for successful strategic planning process are:
- Establish specific, short and long-term goals
- Assess your organization’s current status
- Develop a strategy with measurable and achievable goals
- Implement an action plan to move towards those goals
- Monitor and adjust plans as appropriate
Succession planning is one of the most important areas of risk management for your organization. Many business owners and executives have an idea of their business succession plan in the event of a premature death, disability, or retirement, however these plans are rarely documented and often times not funded.
Without a plan in place, your business might be sold at a lesser value or run by an inexperienced employee or family member. Proper planning can help with a smooth transition in leadership while maximizing the value of the business.
We provide assistance to you in developing and documenting your succession goals, implementing a plan, and selecting appropriate funding vehicles to ensure that your company legacy is preserved.
Due to the everyday challenges of running a business, disaster planning is often not on the “top of mind” for many business executives. We provide professional assistance in assessing potential disaster exposures and advice on possible solutions to mitigate the impact of an unanticipated loss.