The Importance of Planning Your Exit Strategy with Ned Minor
Episode Description: In this episode, host Elizabeth Ledoux is joined by Ned Minor, a transaction attorney in the field of mergers and acquisitions that has generated more than $3 billion in total purchase/sales consideration for clients. Ned has also written extensively on the topic of entrepreneurs exiting their companies. Tap or click the play button […]
Insider Tips on Successful Succession Planning
Episode Description: In this episode, host Elizabeth Ledoux is joined by Doug Damon, who is currently the Chairman of Damon Industries. Doug bought this business from his dad in 1979 and built it up over the decades. In recent years, he transitioned the ownership and management of Damon Industries to his children. Tap or click the […]
How Transition Planning Can Help You Envision a Fulfilling Life Outside Your Company – Charting the Unknown
As a transition strategist, I know how transition planning can help you envision a fulfilling life outside your company, but when I ask owners why they haven’t yet created a plan to transition their companies to successors, answers vary. I’m too young to think about leaving. I can’t imagine doing anything more, or as, meaningful […]
A Journey of Business Succession & Professional Reinvention With Dawn Abbott
Episode Description: In this episode, host Elizabeth Ledoux is joined by Dawn Abbott who after decades as a business owner of an event and party rentals company became a professional EOS implementer and successfully transitioned into coaching. Tap or click the play button below to listen to: A Journey of Business Succession & Professional Reinvention […]
The Effect of Federal Estate Taxes on Business Transitions
There are many factors—both financial and personal—to consider when crafting a business transition. Among the financial factors is taxation, and one element of taxation that few owners have had to consider since 2018 is the effect of federal estate taxes on business transitions. Currently estates of less than $12.92 million (or $25.84 million for a […]
Navigating Business Transitions: Insights from a Merger & Acquisition Expert
Episode Description: In this episode, host Elizabeth Ledoux is joined by Steve Denny, a co-founder of Innovative Business Advisors. Steve is actively engaged in merger acquisition activities in all kinds of industries. He’s also developed some tools that business owners can use to grow their profitability and enterprise value. Tap or click the play button […]
The Role of a Leader In a Business Transition with Debbie Davis
Episode Description: In this episode, Elizabeth is joined by Debbie Davis, one of the lead transition guides at the Transition Strategists. She’s here to talk about leadership, and how the role of a leader shifts and changes throughout a transition. Business leaders go from running and operating their business to becoming a mentor to a […]
Today: A good time to begin transition planning?
Business owners frequently ask us whether this is a good time to begin transition planning. Especially in uncertain times, we hear this question a lot. (I wrote about Planning a Business Transition During a Recession in April of 2023.) Owners are naturally concerned about transitioning their companies to family members, business partners, or employees in […]
How Communities Thrive with Marcy McNeal
Episode Description: In this episode, Elizabeth is joined by Marcy McNeal, one of her top transition guides a the Transition Strategists. Marcy is a seasoned trainer, facilitator, and coach with a passion for supporting business owners through life-changing breakthroughs in how they go about their work and the results they produce. Tap or click the […]
