In our last post, we asked you to consider two forms of business governance: formal and informal. As transition strategists, see the huge advantages of
Business governance isn’t a topic that excites most business owners until something happens that makes them wish theirs had it. As transition strategists, however, governance
One of the tools we use to help business owners organize their transitions out of their companies and onto their Next Adventures™ is The Big
Several years ago, I witnessed the catastrophic results of a business transition gone terribly wrong. A once thriving company liquidated only two years after the
Business owners often tell us that every time they think about transitioning out of their companies, they get stuck. To evaluate the severity of their
It’s my life’s work to help business owners create transitions out of their companies that meet their most important goals, keep their relationships intact and
I’ve written in this blog about communication during business transitions. Productive dialogue between owners and successors, owners and spouses and owners and key stakeholders isn’t
In The Dance of Business Successor Development, we described the three phases of teaching and mentoring successors. In Phase 1, owners lead, and successors follow.
When was the last time you thought about how you do what you do to make your company successful? If you are like most owners,
Have you ever imagined that the transition out of your business could be the capstone of your career as a successful owner? Or do you
