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SME succession planning support in Wales

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The purpose of this research is to evaluate business succession issues facing businesses in Wales.

We and the Wales Co-operative Centre commissioned Wavehill to look at issues facing businesses in Wales. 

We wanted them to: 

  • undertake market research and analysis of businesses and their owners in Wales, their succession aspirations and levels of knowledge of the options available
  • look at the support requirements of the Welsh SME sector with regard to generalist business support around succession planning and implementation
  • look at the benefits and opportunities afforded by heightened awareness of, and support for, transforming businesses into employee ownership as part of a planned succession approach  

This report was produced in collaboration with the Wales Co-operative Centre who have published a report exploring employee ownership (external link).

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