Do you find yourself grappling with questions about what comes next after you've signed the paperwork?
Perhaps you're concerned about maintaining your legacy, ensuring a smooth transition for your team, and securing your financial future beyond the sale.
You might be seeking guidance on how to navigate this pivotal moment with confidence and clarity, eager to embrace new opportunities and reclaim ownership of your life post-sale.
If any of this resonates with you, our course, Strategic Business Transition: From paperwork to Exit is designed to support you every step of the way.
Discover how you can take charge of your destiny, preserve your legacy, and embark on the next exciting chapter of your journey with confidence and purpose.
Creating a succession plan might seem daunting, but it's crucial for your peace of mind and the longevity of your business and your legacy. That's why I’ve designed a comprehensive course to guide you through every step of the process.
My final function with Oasis was steering the business through a successful ownership transition. My passion for helping clients achieve their business goals has translated into creating a course to help other business owners understand the process from price to exit.
There are many things that need to be considered after you determine the valuation(price):
Who will buy the business?
What is the culture of the business?
How will you navigate the transition in leadership?
If selling internally or to family, how to train them to be leaders.
My goal in selling my business, was to build a solid foundation and leave a lasting legacy. Your legacy is not just the business you've built, but the leaders you've developed.
I have also become certified on Emotional Intelligence. My plan is to conduct awareness about Emotional Intelligence with leader training classes. Emotional Intelligence is one of the most important pieces of leadership. I am also the Chair of the HR committee and the Business Gifts Committee as well as Board Member for The Home of the Innocents, one of the biggest non-profits in Kentucky In my spare time, I play tennis, pickleball and enjoy boating and travelling. My husband and I have purchased an interest in
4 race horses.
We are in Kentucky, you know!
Transitioning your business can help you adapt to changing market conditions, stay competitive, and seize new opportunities for growth.
Common challenges include resistance to change, financial constraints, employee morale issues, and maintaining customer relationships.
To create a successful transition plan, you should assess your current situation, set clear goals, communicate effectively with stakeholders, and seek expert advice if needed.
Key steps include conducting a thorough analysis, developing a transition strategy, implementing changes gradually, and monitoring progress closely.
To ensure a smooth transition for your employees, involve them in the process, provide training and support, and address any concerns or uncertainties they may have.
Leadership plays a crucial role in guiding the transition process, inspiring confidence in stakeholders, and making tough decisions when necessary.
Success can be measured by achieving set objectives, maintaining or improving profitability, retaining key talent, and receiving positive feedback from customers and partners.
Coaching a business owner's successor how to lead and also assist the business owner with the transition to their 2.0 !