Every family business must grow, the question is, what's best for your family?
- Do you want to focus on top line revenue?
- How about bottom line profitability?
- Do you want more time off?
- Should you be getting ready to sell or transition?
- Would new markets or product lines be best?
- Maybe someone else should worry about it.
Regardless of the answer you need to determine what type of growth planning you desire.
Our Growth Planning Index will help you think about and uncover your motivations for growth. Your customized report will help you focus in on the right growth and equity value drivers for your business.
Take the Growth Planning Index Assessment. Your only investment is about 15 minutes of your time.
That is a fact. The question is whether it will be a designed exit or twist of fate.
Creating a business transition plan while you are STILL active in the family business allows you, as an owner, to:
- Select your successor and leadership team
- Determine if that successor is in the family or a non-family member
- Groom that person to be prepared to take the lead someday
- Know what you need from business to meet your desired lifestyle
- Evaluate your options for selling
- Increase the runway for building business value and multiple
Planning your inevitable transition is not about giving up control. It is all about controlling what you can.
Our Business Exit Readiness Index will help you think about your financial and mental readiness for transitioning the business. The customized report will help you zero in on the right methods for transitioning your business based on your position today.
Take the Business Exit Readiness Index. Your only investment is about 10 minutes of your time.
