by Erin | Apr 5, 2023 | Listicle
Mentorship is one of the most effective ways of implementing a successful succession plan as it allows for seamless transition from one leader to another. A business owner can mentor internal employees or external buyers that will eventually take over the business...
by Erin | Mar 21, 2023 | Blog
Starting a succession plan early has many benefits, but it is tempting to push succession planning off until later. If you need the motivation, it can help to view a succession plan as a profitable business investment. Here are five ways that starting your succession...
by Erin | Mar 7, 2023 | Listicle
1. What is my timeline? This could be anywhere from within the next year to over a decade from now. When you plan to exit your business will have an impact on how quickly you need to create your succession plan, as well as the timeline and budget of creating the plan...
by Erin | Feb 22, 2023 | Blog
One of the most important parts of selling a business is deciding how much it is worth. Having a professional valuation is the most thorough option, but it is not always necessary and can be potentially pricey. We recommend starting with another valuation method, the...
by Erin | Jan 23, 2023 | Most Popular
The costs to sell a business can seem intimidating at first glance, but with anything, knowledge and planning is power. Business owners who can anticipate these costs end up spending less in the long run, so we would like to enlighten you on the hidden costs...
