HEADING 15

Succession & Exit

Build a business that can thrive without you, and plan your next chapter.

6 common problems in this area. Pick the one that sounds most like your week. Each topic walks you through what it looks like, why it happens, and what to do first.

CHOOSE A TOPIC

No plan for who takes over

You haven't decided who will lead the business when you step back. Maybe a family member, a key employee or an outside buyer.

No idea what the business is really worth

You have built something over many years, but you aren't sure what it is worth. You may have a number in mind, but it has never been formally valued.

Want to sell someday, but the business isn't ready

You plan to sell eventually. But the books are messy, the business depends heavily on you and a few key customers or employees could walk away.

The business can't run without the owner

You are the key relationship, the main decision maker and the source of most critical knowledge.

Family members disagree about the future

Some family members want to take over, others want to sell and some just want their share.

Key people may leave during a transition

If the business is sold or leadership changes hands, you worry that key employees might leave.

Not seeing your problem here? Another heading may fit better. Or if you want help making the overall solution stick, talk with us.

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