A Business Transition Plan Makes Moving On Easier

Leaving your company for the next phase in your life may feel more difficult than you anticipate, especially if you’re selling the company. Make your exit plans early to ease your own transition when the end is in sight. Think about the kind of exit you want to make. Which way will you go? What will you choose to do next?

After all, you put a lot of yourself into building your company. Plan your transition to the next phase of your life with equal care and thought.

David can help you develop a business transition plan that ensures a smooth transition while looking out for your financial future.

For more information, visit our website!

Are You Ready for the Next Phase in Your Life?

Have you taken your business as far as you want it to go?

Are you thinking it’s time to retire and enjoy the life you’ve built?

Your strategic plan guided you through various transitions in your business, leading up to the exit you’re now considering. But once the end is in sight, there are other details to consider. For example, how you leave, what you leave behind, and how it will affect you financially. 

A business transition plan that covers all those elements is key to a seamless exit. It also ensures you’re prepared for the next phase of your life.

To learn more, or to schedule a free call with a business coach about your business transition plan, visit our website!

A Strategic Plan Should Prepare Your Business for Change

How do you plan for contingencies you can’t predict? Think in terms of planning for change instead of specific situations. 

Of course, just having a plan isn’t enough — you need to know when to initiate it. Planning and preparing are only the first steps. You must be constantly assessing threats and be prepared to put your plan into play, if needed. With a plan already in place, you’ll be in a much better position to face whatever challenges arise.  

Make planning for the unthinkable a critical part of your strategic planning. Call David for guidance! 

For more information, visit our website!

Does Your Strategic Plan Prepare You for the Worst?

Your strategic plan maps your path to success, guiding you and your employees toward growth. It outlines your commitment to success and acts as a GPS to lead you to it. 

But what if you meet an unexpected challenge or emergency and need to take a detour? Plan for that, too!

Preparing for the worst while expecting the best:

• Demonstrates respect for your employees and/or investors
• Minimizes loss 
• Prevents panic and decision making based on emotions 

Knowing what to do during an emergency, and who will do it, can help minimize the impact on your business and employees. The hope is that you’ll never have to use it, but wouldn’t you rather be prepared than not? 

Learn more on our website!

Plan for the Unthinkable!

Few business owners would have predicted a pandemic in 2020. But savvy business owners may have planned for contingencies such as supply line interruptions or workforce shortages. Pandemics, natural disasters, rent or location events, or the unexpected loss of life – these are things we don’t want to think about. But if you don’t think about them, and the unthinkable happens, how will your business hold up? 

Make planning for the unthinkable a critical part of your strategic planning. Call David for guidance! 

For more information, visit our website!

Plan for the Long Term

Having an exit strategy in place when you start your business ensures you’ve taken the right steps toward success, left less to chance, and are prepared to make informed, rational decisions when or if the time comes that you need the exit strategy. You won’t be rushed – won’t be as likely to make decisions based on emotions, under stress. Instead, you will execute a thoughtfully formed plan. 

When you plan for your success, don’t forget to plan for the long term! And don’t forget to call David for guidance. With over 40 years of business experience, he can help you lead your business to its greatest potential.

Learn more on our website!