Succession

Andrea loves the TV series “Downton Abbey”.  It was a no brainer that when the latest Downton Abbey movie was released, I was “dragged” along to see the movie. In…

In a recent conversation with a client, he did not want to talk about the succession plan per se but about the practical problems arising from trying to implement that…

In my years of working with business owners, I found that owning a business is remarkably similar to raising a child – with one crucial difference. While children eventually grow…

During a coaching conversation about what it takes for a successful business succession, a client shared his journey as a third-generation owner of a thriving manufacturing business. He recounted how…

In the world of business, few moments carry the complexity and emotional weight of transitioning a family-owned business from one generation to the next. While succession planning may appear straightforward…

For a business owner selling a business it is a whirlwind of emotions and activities.   From the initial decision to sell to the final handover every step along that journey…

About six months ago I connected with a business owner, who wanted a conversation about developing a succession plan, the outcome of which would mean him leaving the business. During…

In my Insights post on 21 April 2023, I outlined my conversation with a couple who were looking to exit a business they created and worked in for the past…

A conversation this week with a husband & wife, who have been in business together for 40 plus years, confirmed my belief that the hardest decision any business owner faces…

After 20 years of building a business, a business owner approached me to have a conversation to help him answer the question “What’s Next?”. When businesses were required to shut-down…

A common theme with my clients who are in their fifties and looking to exit their business is the belief that this is going to be the best stage of…