According to recent surveys, 80% of business owners have no transition plan. You've worked hard to build wealth and assets, but sustaining them over the long term requires strategic succession planning— be it to a family successor or a third-party buyer. Get ahead of ownership and leadership changes. If you want the value of your business to remain intact for your successors, or achieve a higher selling price, begin the planning process sooner rather than later.
You will learn:
- The personal, business, and financial gaps to watch for and the tracks to take to maximize business value and your return.
- How talent assessment, development, and compensation planning can help you identify and groom the next generation of leadership.
- Why and how choice valuation methods and financing options impact succession and exit planning.
- What leading practices and strategies to implement to ensure your legacy isn't left up to chance.
This session will look at preparation and planning options and transitional strategies, especially in highly owner centralized companies. We will also touch on business continuity planning. It will also address your personal and emotional readiness and review actions you can take today for you and your business to become more transition-ready.
Green Industry Succession & Exit Planning: Building Value into Your Business
Level of knowledge recommended for this session: