Pri-Niaga = planning to ensure that there will be smooth transfer and succession of business interest in anticipation of certain triggering events.


Planning of exit strategies in anticipation of death, disability, illness or retirement to:

  • ensure smooth transfer and succession of business interest
  • protect and preserve the value of the business when business interest is sold

With Pri-Niaga, there will be:

  • agreement on business value
  • funding mechanism
  • the triggering events are clearly defined
  • the business owner can decide on the distribution of the sale proceeds

Advantages of Pri-Niaga:

  • Selling price is pre-agreed upon by business partners
  • Financial security for heirs
  • Funding mechanism pre-determined
  • Heirs will not be involved in the business as remaining shareholders will buy and take over the business.
  • The business carries on and the supplier/creditors can be assured of the existence of the business.

Without Pri-Niaga:

Remaining business partners may have difficulty raising money to purchase the shares Heirs take an active role in the business:

  • Has no experience.
  • Do not get along with the remaining business owners/ conflicting views on how the business should be run.
  • Not interested in the business