Company: Succession+
When a person start a business, they are thinking about what they want to sell, who their customers will be, and how they will run their business every day. But as they get older, they start to think about what will happen to their business when they want to retire. That’s where Succession+ comes in! If the company will be turned over to a family member or employee to run it, there are lots of things that can be done to make that successful. If the owner wants to sell the business to someone else, there are steps to take there. Succession+ is a company that can help a business figure out what all the options are, what is the best way to handle that transition, and how much is a business worth. That’s important because the business owner can tell you how much money the company makes today and how much they need to spend to run the business, but what about how much money the business could make? And are there things that could be done today to make it worth more money? We call that the business “valuation” and most business owners need help with that!