Build A Successful Business Transition Plan
With hundreds of years of combined M&A experience, our professionals excel at advising clients on transition planning and can help to prepare a business transition plan. Having completed thousands of client engagements, Strategic Transition Partners delivers unique insights that are mandatory in developing an appropriate exit plan strategy. This exit and transition planning gives you, as a business owner, an opportunity to meet your financial and personal objectives. Successful transition planning can only be accomplished through a disciplined and comprehensive assessment of your business within the context of exiting in the future.
Our experience has lead to the true understanding that the vast majority of owners wanting to initiate a business transition plan do not complete the transition.
Included are those that desire to transfer their ownership to strategic acquirers, private equity firms, employees, family or ESOPs.
Difficulties arise when the necessary exit strategy preparation has not been completed in advance of the initiated business transition plan. This cannot be emphasized enough nor overstated. Meeting the appropriate rigors of the market place and the scrutiny of those to whom the future success of the enterprise will be entrusted is vital. Parts of this include clearing the due diligence process (an integral component of any business transition plan) which can be daunting, but is required regardless of the acquirer.
It is therefore incumbent upon you, the business owner, to properly prepare a business transition plan well before implementation.
It can not be accomplished on the fly. Very often, when a transition issue or problem presents itself, it is too late. The horse has left the barn. Your investor, lender or acquirer will have lost the confidence required to accept the risk of future ownership. This type of opportunity loss is so great and expensive, it cannot be allowed to occur.
The mission of Strategic Transition Partners is to ensure that you, the owner, have the facts and understanding needed to prepare for a successful exit strategy using your business transition plan. Armed with this information, decisions can be made in advance of the implementation of a business transition plan.
Some questions you might ask yourself as an owner: What is your market valuation? How does that integrate into your net worth? Is that enough income on which to enjoy your retirement? Are there issues with audit, continuity, or suppliers? Are there contingent liabilities that should be addressed? These and many, many more questions and potential problems must be addressed and made part of the business transition plan preparation.
Our disciplined approach to business transition planning is unmatched in our industry. Contact us today and allow our experience and insight to be integral to your business transition plan and altogether extraordinary opportunity.