Pri-Niaga
Ensuring the smooth transfer of ownership and the continuity of your business legacy.
Strategic Exit Planning
Pri-Niaga Pri-Niaga is a strategic solution designed to manage business exit strategies in the event of unexpected life changes such as death, total permanent disability, critical illness, or retirement.
The primary goal is to ensure that the transfer of business rights occurs smoothly, protecting the interests of both the remaining partners and the outgoing partner's heirs. By planning ahead, you preserve the value of the business and prevent operational disruption.
Key Components of the Agreement
- Valuation: Pre-agreed business value to avoid disputes.
- Triggers: Clear definitions of enforcement situations (e.g., death, disability).
- Funding: A secured payment or financing mechanism (often via Takaful).
- Distribution: Clear instructions on how proceeds are distributed to beneficiaries.
Business Without Pri-Niaga
Without a structured succession plan, surviving partners often face severe financial difficulties in buying out the deceased partner's shares. This leads to unwanted involvement of heirs in the business, resulting in:
Lack of Experience
Heirs may enter the business without the necessary skills or knowledge to operate it effectively.
Internal Conflict
Disagreements often arise between surviving partners and heirs regarding business direction and management.
Lack of Interest
Heirs may be forced into a role they do not want, negatively impacting business morale and growth.
Advantages of Pri-Niaga
Create a secure future for your business partners and your family.
Pre-Agreed Valuation
The sale price of shares is agreed upon in advance by all shareholders, preventing future disputes.
Secured Financing
The funding mechanism to buy out shares is determined and secured (e.g., via Takaful) beforehand.
Heir Protection
Heirs receive immediate financial compensation (cash value) rather than inheriting unwanted shares.
Operational Stability
Remaining shareholders retain full control, ensuring the business continues as usual without interruption.
Stakeholder Confidence
Customers, suppliers, and employees are assured of guaranteed business continuity.
Why Let Others Determine the Distribution of Your Assets When You Depart?
You have the right to choose the administrator of your estate and its plan of distribution upon your demise. Secure your business legacy today.