Small Business Succession Planning
Are you starting to think about retirement but don’t know how to transition your business to a new owner? Don’t let the HBO series Succession scare you: finding a successor for your business doesn’t have to be so complicated. At The Transition Strategists, we have been helping business owners successfully pass their businesses on to […]
Family Business Succession Planning
Are you preparing for the future of your family business? Whether you’re just starting your business or nearing the end of your career, it’s always a good idea to think ahead to what your Next Adventure will be after your business career. Family business succession planning doesn’t have to be overwhelming or intimidating. Trust The […]
What is Business Succession Planning?
Searching, “What is business succession planning?” Maybe you heard the term from a family member, friend, colleague, or at a conference. The concept — business succession — is simple enough, but how do you plan for something like that? We’re glad your search has brought you here. At The Transition Strategists, we’ve been helping clients […]
Should You Take Over Your Family Business?
If you’ve been working for your family business for most of your life, you understand that family and business are often inseparable. That’s why it can be so important for the owner, whether your parent, grandparent, aunt, or uncle, that the business stays in the family for future generations. If presented with the opportunity, should […]
What Are The Steps In Business Succession Planning?
Are you a business owner nearing the end of your career? Even if you’re not quite ready to retire, it’s never a bad idea to start planning for your business’s future. When you think about what’s next, you might be wondering what are the steps in business succession planning? We’re so glad you asked. At […]
Four Reasons It’s Never Too Early To Start Business Succession Planning
Have you created an estate plan even though you have no intention of leaving this earth anytime soon? Making the appointment with your attorney probably wasn’t high on your list of “fun things to do,” but you did it — partially for tax reasons, perhaps, but ultimately out of love for the people and causes […]
New Book It’s A Journey
Elizabeth Ledoux and Laura Chiesman have launched their latest book: It’s A Journey – The MUST-HAVE Roadmap to Successful Succession Planning. Available NOW on Amazon! Click HERE to learn more. During their virtual book launch party, Elizabeth and Laura shared what inspired them to write this book and how it will impact family and private business owners […]
5 Relationship Building Behaviors for Business Owners
Relationships First or Business First? How to Set and Keep Priorities If you were asked by a young entrepreneur to identify the three most important lessons you’ve learned over the course of your career, how many of the three would have to do with the logistics of a product launch, mechanics of installing cyber-security measures or mastering the intricacies of the Federal Tax Code? All are […]
Move Beyond Fear: You Can Have A Successful Business Transfer
Do you know any business owners who can visualize a crystal-clear transition path from where they are—running a successful company and living a great life—to where they want to go—happily out of their business and living their Next Adventure? If you do, or if you are one of these owners, you are remarkable. Remarkable because […]
Top Five Must-Have Characteristics in a Business Successor
If the topic of choosing a business successor is one that you’d rather put away for a rainy day, this article is for you. Here you’ll find two lists: the five perspectives shared by business owners who have successfully transitioned their businesses to successors and the five most important characteristics these owners looked for and […]
