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Business & Succession Planning

Development of Strategic and Succession Plans are essential to preparing a company for future growth and transition. A great Strategic Plan creates clarity and consensus, sets direction and establishes priorities. It defines your organization’s view of success and prioritizes the activities that will make this view your reality. The plan helps management teams focus on specific strategic objectives that can drive growth.

Development of three to five strategic objectives with ownership and management is the foundation of the plan and guarantees coordination throughout the company. Assessment of the Strengths, Weaknesses, Opportunities, and Threats within the company and with competitors ensures a 360-degree view within the marketplace. Your Strategic Plan is then utilized as a vehicle to assist ownership in determining a course of action for legacy transfer of the business or exit.

With our hands-on approach and experience with family owned companies we can assist ownership in creating a bridge to the future for their company and their family legacy.

Our Approach with Succession Planning…

  • One of the major purposes of a family succession plan is to aid in maintaining peace within a family during the transfer of leadership and the possible sale of the entire business. For many families and closely held businesses, succession in a family business has been recognized as one of the most complex, frustrating, and demanding business management challenges to be faced.
    • Step 1: Identify key leadership positions
    • Step 2: Identify competency and skills
    • Step 3: Assess current bench strength
    • Step 4: Design and implement career development strategies

With our hands-on approach and experience with family owned companies we can assist ownership in creating a bridge to the future for their company and their family legacy.

Contact us to get started today

We realize that Covid-19 is a changing, fluid situation. At this time, we are not seeing clients or prospects in the office for meetings. However, our team is in the office daily, and we can make arrangements to meet you in the lobby/atrium if you need to drop off or pick up anything from us. If you absolutely need to meet with us in the office, we can work with you to make that possible.