Family & Private Business Succession Planning

Do you have more questions than answers when you think about transitioning your company to a successor?

You are not alone.
All transitions begin with you, the current owner. Do you have the personal characteristics that improve the odds of a successful transition? Use our free checklist to find out.

We help you transition your company to its best successor

Do you have the MUST-HAVE OWNER CHARACTERISTICS that improve the odds of a successful business transition?

Client Testimonial

Are you an owner who has built a successful business and wants to see that success continue after you’ve moved on to your next adventure?

Do you feel overwhelmed by the number of transition decisions you will have to make because your choices will affect you, your company and those you care about, including your community?

We get it.

Business transitions are complicated, but they don’t have to be messy.

Business transitions involving family members can be especially complex and potentially the most personally satisfying achievement of your career.

Business transitions can support your important relationships and secure the financial return you deserve from a lifetime of work.

Business transitions can be a win-win for everyone involved.

We know because over 30 years, 100 percent of the owners who have deployed our unique Transition Roadmap Developer™ have been as successful transitioning their companies as they were running them.

Services

Our Business Succession Planning services are thoughtfully designed and geared toward providing the best and most effective transition and business succession planning strategies for family and private businesses as well as individuals.

Succession
Planning

Outline vision and growth plans
Plan for next-generation leadership and facilitate leadership development etc.
Evaluate next-generation talent

Family Business Strategy

Resolve conflict
Manage relationships
Lead with vision
Communicate effectively
Design and implement a family council

Ownership
Strategy

Develop integrated, long-term ownership plans
Educate and prepare owners
Design ownership transfers
Create governance structure and policies

Generational
Planning

Address multi-generational concerns
Frame resilience strategies
Develop long-term governance
Design and development family councils

Individual Pathfinding & Purpose

Locate your path for moving forward
Find “what’s next,” or figure out where you fit in the business
Facilitate understanding of purpose
Create a strategy for achieving purpose and fulfillment

Internal Business Transitions

Optimize business value
Define goals and success
Engage stakeholders
Craft contingency plans

Success Stories

"Until we started the work with Elizabeth and The Transition Strategists, I only saw the business succession going one way. It wasn't until we did that work that I saw there's more than one possibility for transition. The Transition Strategist process allowed me to consider my goals from a much broader perspective. So my fears and concerns about transitioning turned into a better understanding of the big picture view."

"I think by default, family businesses are tough. They have some inherent challenges that really require someone like Elizabeth who has done it before to help you walk through it. The most helpful part about working with The Transition Strategists was when my gut wasn't right, my experience wasn't sufficient, or my perspective wasn't broad enough, moving through their process got us where we are today."

Blog

We share tips and relevant business succession strategies that support you as you run your company, prepare for transition, and train your successor. Read our succession planning blog posts.

Succession Planning is in the Eye of the Beholder

Elizabeth Ledoux March 21, 2023

Is the M&A Market the Best Exit Path for You?

Elizabeth Ledoux March 14, 2023

Getting Unstuck in Business Transitions

Elizabeth Ledoux February 21, 2023

Take Advantage of Your Complimentary Consultation

Let’s talk about the questions you have about your company’s transition to a successor. Having worked with owners and families for over 20 years, we understand that every situation is unique and that there are principles and processes that greatly increase the odds for success. Book a free consultation call so we can answer your questions and maybe even share a few secrets of success.