Next to starting a business, deciding how an owner will exit may be their most important decision.
Owners created it and watched it grow. They've worked hard. More than likely, their business represents one of their main assets. Owners have probably spent many years building it and want to ensure they don’t make costly mistakes at this stage of life.
But at this point, retirement is out of the question. Owners are entrepreneurs after all.
We understand. And we’ve developed custom programs to help owners identify potential opportunities options and solutions to ensure a smooth transition.
STPI's Programs help clarify Owners' inevitable questions:
What do I want to do with my life after I leave my company?
Solution: THINK Program
Strategic Thinking about Your Business and Personal Future: Transition Planning for Baby Boomer Business Owners
Helps owners become both intellectually and emotionally prepared to think about leaving their businesses. It describes successful and unsuccessful ways to leave one's company, explains how to avoid unsuccessful approaches, helps owners discover specific fears that have been preventing them from thinking about leaving their companies, helps them deal with the identity crisis around leaving, provides key information about how to create and implement successful Personal and Business Transition Strategies and guides the owner in creating their Personal Transition Goals.
Where will I find new meaning when I no longer run an organization?
Solution: LIVE Program
Living an Exciting and Purposeful New Life: Seven Strategic Steps for Creating Your Successful Personal Transition Plan
Clients explore 10 aspects of their future lives, then brainstorm and select the most satisfying choices so they can create a customized Personal Strategic Plan for living an exciting and purposeful new life.
What do I want to do with my business?
Solution: DECIDE Program
Deciding What to Do with Your Business, Then Creating and Implementing Your Successful Business Transition Strategy
Owners become intellectually and emotionally prepared for the Business Transition Process. In DECIDE the owner analyzes and decides on their best option for new ownership, learns how to make their company ready for transition to new owners, learns how to move through the emotional obstacles that might arise during the business transition process, then develops their Business Transition Goals.
Who can I trust to help me?
Owners build their reputation on integrity, so they build a group of talented people around them to help run the company. People they’ve grown to trust. So when it comes to looking outside the tent for people to help with their transition plan, they wonder whom they can trust.
Solution: Build a "Dream Team" of advisors including those in our Advisory Network – a talented group of experts to assist with the personal and business issues around business transition planning.
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