RESOURCES FOR ENTREPRENEURS AND THEIR ADVISORY TEAMS
Clarity about the Business Transition Process
The Five Limitations to Progress
When entrepreneurs contemplate a transition from the daily helm of the enterprise, the focus tends to lean hard on the operating entity and its ownership structure. It’s logical. These are the most tangible elements of the journey, and the most common compensation anchors for the advisors leading the charge. However, the business didn’t grow itself and it won’t sustain itself without equal focus on people, relationships, systems, processes, and detailed financial metrics – alongside legal and tax considerations.
Have a short conversation with your business succession advisor to re-focus the conversation and gain clarity around the Five Limitations to Progress.
The Anatomy of a True Start
Take a 5 to 10-minute survey to help bring focus for the dichotomy that exists in your logic and soul. Obtain immediate clarity about which areas you have nailed, and you are concerned about, as well as talking points for you to take over the conversation with your collaborative team. Help them focus on helping you (not just focus on what they normally do).
Education
SCI Academy – Digital Education
Access past recordings and content from our subject matter experts organized by categories such as legal, financial, tax planning, asset protection, real estate, business transition, and more.
Business Owner Perspectives – 30 Minute Interviews
The Perspective Series – Entrepreneurs Revealed
Virtual Business Owner Interviews
Listen as Exit Planning Institute board members have 30-minute, informal chats to gain perspective from entrepreneur’s regarding their business succession planning in various stages of transition. Take away valuable insights and lessons learned.
To see the schedule and register for upcoming Virtual Business Owner Interviews, Click Here.
Forms of Valuations
Stages of Business
BUILD YOUR TRANSITION PLANNING TEAM – WHERE TO START
When considering a business transition, you will probably need 2 or 3 of the below services. The question is, which type of services are the best fit for your business and team as well as you and your family.
Choosing how and when to transition out of your business can be an overwhelming process that leaves many owners feeling stuck, resulting in an eventual regretful decision. The below strategic relationships were vetted and fostered to increase your awareness of available resources, options, and avoidable blind spots – and provide you with the confidence and clarity to choose and assess your right-fit advisory team. Your business is likely your largest asset, your choices now could significantly impact the way you live the rest of your life as well as the legacy you leave behind.