Business Succession Planning Checklist NZ
The NZ Business Owner’s Succession Planning Checklist
Succession planning is about deciding who will own and run your business when you step back — and making sure it keeps its value along the way. Whether you plan to pass the business to family, sell to staff or managers, or sell to an outside buyer, the earlier you start the more options you have.
This checklist walks New Zealand owners through the key decisions in a clear order: your personal goals, choosing and developing a successor, protecting the business if something happens to you, and the legal, tax and family conversations that need to happen.
What’s inside
- Setting your timeline and what you want from the exit
- Comparing family, management buy-out and third-party sale options
- Protection: wills, shareholder agreements, key person insurance and enduring powers of attorney
- Developing the next leader and handing over relationships
- Questions to take to your accountant and lawyer
Who it’s for
Family business owners, business partners and anyone over 50 who has not yet written down what happens to their business next.
General guidance only — not legal, tax or financial advice.