My mission is to advise business owners on how to achieve the strongest possible position for the sale of their business to outside or inside . . . .

I grew up in a family business. My father began a small nursery which eventually grew into a successful and highly profitable business. However, he . . . .

Do you know the actual date that you wish to stop working in and for your business? Do you know how much money you will . . . .

Do you have anything in common with Humpty Dumpty? If you are like most successful business people, I would say it is highly likely. Most of us are so busy with developing and growing our business that we become very much like Humpty Dumpty. Becoming so preoccupied with the day-to-day demands of our business, and as a result failing to spend time planning for the preservation and distribution of our business interest.

Everyone has a legacy. We all have values, assets, and wisdom that we work to share with those around us each and every day. Having a plan to increase the longevity of this impact means that the gifts you leave behind reach more of the people you love.

56% of family business owners are either unhappy with their succession plan or don’t have one at all. Major concerns include the legacy of the business owner and the security of the business. This puts significant pressure on your business, creating hostility and instability.

As a hands-on business owner, so much of your time is spent working IN your business, increasing profitability, managing risks, strengthening marketing, managing the day to day responsibilities. None of these are bad things per se, but they can often hinder the time you spend working ON the business in preparation for the next generation.

The new year is a time to enact change. Your resolutions are set, you’re motivated to take action, and you’re excited about the possibilities. It’s the perfect time to turn that enthusiastic attention to your business succession plan, or perhaps the lack thereof.

I’m sure you can think of specific moments where luck was on your side, where serendipity has helped move your business in the right direction, but I’m sure you wouldn’t contribute all of your success to it. So, it makes sense that you wouldn’t leave the future of your business up to luck either, right? Wrong.

Planning for your future is intrinsically connected to where you’ve come from and where you are today. Your personality, your strengths and weaknesses, and all your lessons learned are all pushing you forward. But, without a plan, you’re a ship without a captain.