Seller Readiness: Transition Your Business
Be prepared to transition your businessThinking about transitioning your business?
%
of failed transitions are due to problems with communications and trust.
%
of all family-owned business survive into the 2nd generation.
%
of business transitions fail due to a lack of communications, trust or next generation competency.
%
of businesses are owned by someone 45 or older (soon to retire).
Source: Apex Exit Advisors and JSA Advising
Transitioning your business is always a dilemma.
When and to whom should you transition your business?
Third Party? Next Generation? Key Employees?
Now?|In one year?|In 5 years?
There can be significant emotional challenges too.
Realizing the sales price may be unrealistic.
Delaying because your identity is fused with your business.
Pushing aside "letting go process" because you are self-determined and desire to control your destiny.
You are not alone.
85% of owners have not completed a transition and/or succession plan.
51% of owners have not started a transition and/or succession plan.
Fewer and fewer family members are interested in taking on the family business.
Source: Apex Exit Advisors, Forbes, PwC
Our Services
Our Services
Seller Readiness targets the “people” side of the business, the essential component to successfully transitioning your business.
Our solutions include:
- Seller Readiness Checklist & Benchmark Valuation
- Pre-Due Diligence
- Seller Readiness Road Map of prioritized actions
- Succession planning
- Transition Assessments and Plans for Business & Family
- Executive / management team development and talent selection
- Access to vetted Seller Readiness Advisory Group
Select from these Seller Readiness Solutions for owners/partners/families that span the late start-up to mid-phase development of your business.
Seller Readiness targets the “people” side of the business, the essential component to successfully transitioning your business.
Our solutions include:
Seller Readiness Checklist & Benchmark Valuation
Pre-Due Diligence
Seller Readiness Road Map of prioritized actions
Succession planning
Transition Assessments and Plans for Business & Family
Executive / management team development and talent selection
Access to vetted Seller Readiness Advisory Group
Seller Readiness Solutions have high impact for owners/partners/families that span the late start-up to mid-phase development of your business.