Guide
Succession Planning 101 for Business Owners.
What does it mean to plan a succession, and when should you start? A plain-language look at the options owners commonly consider, the questions to ask yourself, and why starting early tends to help.
Resources
Straight answers for owners and operators.
Short, practical reads. More are on the way.
Guide
What Is Diligence, and Why Does It Take Time?
Before any business changes hands, the buyer confirms what they have been told, and the Seller confirms who they are selling to. Learn what each side checks, which records are commonly reviewed, and how owners can prepare without feeling overwhelmed.
Guide
Why Everyone Needs Their Own Attorney and CPA.
Each party in a succession has different interests. This guide explains why the owner, the incoming leader and the buyer each need their own attorney and CPA, and what those professionals typically do.
Guide
Protecting Your Team and Customers Through a Transition.
Your employees and customers are central to what you built. Practical ideas for communicating change, keeping key people engaged, and preserving customer trust before, during and after a succession.
Guide
Licenses, Permits and Transitions in the Trades.
Many trades require state licenses tied to qualified individuals. An overview of why licensing matters in a transition and which questions to raise early with the relevant board, your attorney and your CPA.
Guides are general information only.