Succession Planning. A business requirement.

An informative discussion on planning for the eventual sale of your business. This discussion is between two professional service entrepreneurs, Joe Sevart and Judy Walter, who are in different stages of their succession plans.

They are joined with succession planning professional Bob Ward, President of Wardden LLC. Bob says “Every business is eventually sold, but how? Most commonly, companies simply close their doors, sell the assets at auction, and are quickly forgotten because, the owner didn’t plan for their business to operate without them. That’s the unfortunate truth.”

In this round-table learn that having pristine financial statements is important; selling or not. Appreciate how much weight a buyer puts on stability and experience in your team. Discover that trust between members of the facilitation team, the buyers and sellers is critically important. Learn that building a perpetual business, one that