Plan Your Business Transition
Be Confident That When You Are Ready To Leave Your Business,
Someone Will Buy It
We create a written Step-By-Step Transition Plan that provides you with multiple OPTIONS to achieve your after-business dreams and goals. This FREE Assessment will tell you how prepared you are for a transition in 4 areas: Finances, Planning, Profits and Operations.
Four common concerns about selling a business:
My Business Won't Sell
Most business owners assume when they’re ready to sell someone will buy it. 80% of listed businesses don’t sell!
Where Do I Start?
Most owners don’t know it takes 3 to 5 years to sell a business for top dollar, and haven’t started planning.
Is It Worth What I Need?
98% of owners don’t know what their business is worth, yet 78% are planning the sale to fund their retirement.
Family Has No Money
Two-thirds of owners would like to sell to their family or key employees, who don’t have the money.
When Do Owners Consider Transferring Ownership
This graph is from a 2019 BEI Owner Survey. Note the significant gaps between expectation and likelihood.
Hi, I’m Scott Barth Owner, ascendBIZ2
Owner, ascendBIZ2
Since 2003, I’ve been assisting scores of business owners to accelerate the growth in value of their businesses while helping them prepare for their inevitable sale or transfer. My father transferred our family business, Barth Builders, to my oldest brother Craig in 1989.
Tragically, Craig became permanently disabled after a job site accident in 1993. Unfortunately, no provisions were in place to keep the business operating. The business had to be liquidated, and my father was devastated. I never want another owner to experience this kind of heartache.
This experience fuels my passion to assist owners in creating options to ensure they are fully rewarded for their lifetime’s worth of work.
Case Study 1
Husband-Wife Transfer Business to Children
- 35 years in business
- Great market and industry reputation
- Strong company culture and operations
- Wanted to transfer company to daughter and son-in-law for 5 years
- Did not know company value or dollars needed from the sale
- Lacked knowledge regarding steps to transfer the business
- Identified Financial Needs, completed a business valuation
- Developed next level management team
- Implemented a dynamic business planning and operating system
- Transitioned ownership in 18 months
- The couple was able to retire with full financial security
- The business is thriving under the new ownership team
Case Study 2
Client wanted to accelerate growth, ended up selling!
- 2 owners, 6 year old IT company
- Business plateaued, $3M in revenue, 17 employees
- Lacked service delivery capacity to meet new business opportunities
- Owners lacked alignment on growth strategies
- Team not developed and structured to scale
- Owner unsure how to instill commitment to excellence throughout the organization
- Implemented critical Value Drivers; management team, planning framework, systems documentation
- Restructured organization
- Freed up owners to work “On the Business”
- 18 months company grew 3X, doubling # of employees
- Owners agreed to an unsolicited acquisition by Strategic buyer
- 28 of 30 employes joined the new company, owners made Partner
Here’s how you can get started…(FREE and NO Obligation)
Step 1:
Take a FREE Assessment
Get an instant FREE report
Step 2:
Review Your Results
Step 3:
Schedule a Discovery Call (no obligation)
The Benefits of Creating a Transition Plan Now
- Control of your future
- Create options
- Enhances company value
- Increase sale certainty
- Plan for financial security
- Plan for the unexpected
You Deserve a Return On Your Lifetime’s Worth of Work
- 80% of businesses listed for sale, don’t sell
- Don’t let this happen to you
- A Transition Plan can be completed in as little as 90 days!
- Find out how ready you are for a future sale
Imagine This...
You’ve invested time, money and sweat-equity to building a great business. Now after selling the business on your terms, you’ve achieved:
- Financial security
- Built and sold something of which you are proud
- Took care of your team that helped you build your business
- Now, have the freedom to write your life’s next chapter
Business Transition Resources
What the Heck Is Exit Planning?
PDF White Paper
Leaving Your Business Is Inevitable
PDF White Paper
Exit Paths for Business Owners
PDF White Paper
ExitMap
Brochure