NCFC Business Consulting Services

Succession Readiness Survey

This survey is intended to help you assess your current situation and determine if our services would benefit you.

Instructions:  Choose the selection to the right of each question that best describes how satisfied you are according the following:

Not Satisfied
Somewhat Not Satisfied
Neutral
Somewhat Satisfied
Very Satisfied

If you have any questions regarding this form, please contact Rod Carter at 530-894-6123 or rod.carter@norcalfc.com.

Succession Readiness Survey
Required Field = *
*First Name:                                                              *Last Name:
    
 
Business Name:                                                           *Email Address:
    
 
  Phone:
  
Rating
1. How satisfied are you that the family members want the enterprises to continue as a family business?       
2. How satisfied are you that potential successors are interested in working in or owning the family business?       
3. How satisfied are you that methods for transferring the management and assets of the business have been fully explored?       
4. How satisfied are you that the business is large enough to be a worthwhile future endeavor for successors?       
5. How satisfied are you that adequate liquidity is available to support the succession of the business?       
6. How satisfied are you that adequate and appropriate investments exist outside the business to provide secure retirement income for senior family members?       
7. How satisfied are you that non-business assets, insurance funds, or other assets are available to be distributed to heirs, who may not be interested in continuing the family business?       
8. How satisfied are you that the business assets are held in a form which would be adequately divisible among potential successors?       
9. How satisfied are you that adequate communication exists among the current owners and potential successors to facilitate productive discussion of succession alternatives?       
10. How satisfied are you that you have you developed a team of advisors with whom to consult regarding succession matters?       
11. How satisfied are you that there are means to develop the necessary technical and managerial skills needed by potential successors?       
12. How satisfied are you with your level of willingness to delegate responsibilities to successors, with the goal of turning over management and control at an appropriate time?       
13. How satisfied are you that adequate planning has been made to avoid or manage potential estate tax liabilities and preserve capital and liquidity for succession of the business?       
Additional Comments (optional):

If these services would be of value to you, please give us a call, and we will be happy to discuss your needs in more detail. Thank you for your consideration.

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