Everything You Need To Know About Selling Your Successful Business

Let an Expert Guide You to the Highest Profitability

Succession Planning has a few different meanings. It can mean assessing the key areas within your company and putting a plan in place should something drastic happen – something that could negatively affect your efficiency, profitability, and ability to meet customer’s demands. For example, if your senior marketing executive leaves your employ without notice, can your associate marketing executive step in to cover the position without disrupting service?

Succession Planning is also key when it’s time to sell your business. It guides you in determining how much your business is worth and how to get top dollar for it in the sale. It also dictates the transition plan from your ownership to your buyer’s new proprietorship of the company. This type of planning is also needed if you decide to retire but want to maintain ownership. How do you prepare your successor to keep your  company solvent and operating at the level to which you brought it?

Why Do I Need a Business Coach for Succession Planning?

Laura Wagenknecht of Mosaic Business Consulting has been working for many years with businesses looking to either shore up potential holes in key positions or transition to a new owner and leader. As a business owner, you need a clear plan to mitigate any negative impact that may come from a change in a key position. Think of it as insurance for your business’s health and longevity when the inevitable happens. And if you are selling your company, Laura is the person you want guiding you through the process and ensuring you get everything you deserve from the blood, sweat, and tears you put into creating and growing your business into the success it is today.

Contact Laura to learn how she can help you with the succession planning of your business:

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FAQ FOR COACHING ABOUT SUCCESSION PLANNING

How do I create a succession plan to protect the health of my company after losing a key asset?

Is this the right time to consider selling my business?

How do I know what my business is worth?

How do I ensure I’m getting the most profitability out of my business?

What steps do I take to begin the process of succession?

How do I make the transition to a new owner go smoothly?