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Ownership - Succeeding in Succession

Key Takeaways

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The exit strategy you choose might fall into a common category but will be entirely customized to you own situation. It is something that need to be structured with the help of a professional and that should be revisited frequently to ensure it is still online with all key considerations. Congratulations on taking the first steps towards a successful and fulfilling transition.

  • There are many ways for you to exit the business, there is no universal turnkey - you need to find what is right for you
  • No matter what exit strategy you choose, there will be trade-offs to consider, be aware of these as you make your decision
  • Your role post-transition brings a lot of new opportunities and has a lot of value both personally and professionally
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Preamble
Exit Strategies
Key Considerations
Post-Transition
Conclusion
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