Why Irish businesses need succession plans

With continued economic activity, Irish businesses are well placed to look at how they can expand, reshape or sell their companies. But all great exit dreams require planning, writes Siobhán Maguire

Stewart Dunne, audit partner and head of clients and markets, BDO

There is little doubt that many Irish businesses have built a strong narrative in the last decade that read like a juicy page-turner. There were the heady years of the noughties, where growth and profits climbed. Then came the gloomy overhang of the recession when many companies struggled to stay in the black and afford to keep staff.

More recently, the tide has turned once again where the Irish business landscape is once ...