Succession planning is about who takes over your business. Exit planning is about how you step away. In this article, we explore the key differences between the two, how they often overlap, and why both are critical for long-term success—especially for Cyprus-based SMEs and family businesses.

Succession planning isn’t just for large corporations—it’s vital for any business that wants to thrive beyond its current leadership. From family-run firms to fast-moving start-ups, having a clear plan for who takes over and how ensures continuity, stability, and long-term value. In this article, we break down what succession planning really means, why it matters, and how it can protect your business’s future.

Cyprus is rapidly emerging as a key launchpad for startups in the Mediterranean. With its favourable tax regime, EU market access, skilled workforce, and rising tech ecosystem, the island offers a compelling mix of business opportunity and lifestyle appeal. This article explores why founders are choosing Cyprus and how LCK Financial Services helps startups scale with confidence.

Startups are redefining how they manage finances, turning to flexible, cost-effective fractional financial teams. Discover why this model is becoming essential for scaling efficiently, maintaining financial discipline, and navigating complex regulations—all without the burden of full-time hires. Learn how LCK Financial Services empowers startups to thrive with tailored fractional finance solutions.

Proposed US tariffs are set to reshape global trade—and Cyprus and the EU won’t be immune to the impact. From supply chain disruption to shifting investment flows, understanding the risks and opportunities is key. This article explores how policymakers and businesses in Cyprus can adapt, respond strategically, and even position the island as a regional trade hub in a changing global landscape.

Navigate upcoming tax changes in Cyprus with confidence. Discover key strategies for individuals & businesses in our complete guide.

Financial reporting and assurance play a crucial role in today’s economy, ensuring transparency, accuracy, and trust in financial data....

Managing wealth isn’t just about making smart investments—it’s about strategic planning for long-term security. Private wealth services prov

Cyprus, known for its crystal-clear waters and sunlit shores, holds a secret beyond its scenic views. This Mediterranean island is...

Freelancing offers incredible flexibility and the opportunity to work on projects that excite you. However, managing your finances,...

Freelancing offers flexibility and creativity, but it also presents unique financial challenges. Whether you’re a graphic designer,...