Family & Owner Managed Business Consulting (FOMB)

Family business is the heart of all industries and particularly in Cyprus. It is a fact, that only a low rate of successful family businesses reaches second or third generation.

Our qualified Business Consultants, offer specialised consulting in successful planning, succession and proficiency solutions to ensure ongoing operations of a business.

Planning - management – succession

Business Succession Plan: providing a comprehensive and strategic approach to guiding the transition of business ownership and operation.

Why do you need one? Proactively identify the process of transfer of ownership at a planned manner, securing the survival of the business and smooth operation through transition of ownership

Our Services

• Business Succession Plan: we identify the current situation and define the scope and plans. We draw up business succession plan which can work
• Wealth management plan: our advisory team to assist early enough to achieve the maximum benefit of valuation and planning for maximising the wealth potential. Identifying Successors Estate Planning Contingency Planning Entity Structure Transfer Methods, Taxes Business Valuation Exit Strategy Implement & Follow-Up Business Succession Planning
• Business Ownership Plan: our advisory team assist the process which encompass: Entity structure Owners as individuals Shareholder, member, or partnership agreement Business Succession Planning, Estate Planning
• Planning – Taxes: The Business and Wealth/Asset Succession Plan is well considered in terms of tax planning
• Contingency Planning: Plans rarely proceed entirely as planned and smoothly (economic downturns, illnesses, natural disasters). We look at “What if” scenarios and prepare different scenarios
• Entity Structure, Transfer Methods in complete compliance with legal and tax issues.