When is the right time to transition your business? Bill Spohn, President and Owner of TruTech Tools, plans to retire in three years. TruTech Tools is an award-winning e-commerce reseller of tools and test instruments for HVAC and building performance professionals....
There’s no doubt that leadership transition and change management go hand-in-hand. Sometimes the transition for new leaders into organizations goes smoothly, like a baton handoff in a relay race. Other times, new leaders struggle to find their footing.A...
In this episode of Business Exit Success, Laurie Barkman joins Tom Poltersdorf Jr. to discuss the strategies, tips, and proven approaches for successful business transition planning. They discuss valuable insights to help business owners maximize their...
Without proper guidance and careful planning, it can be difficult to know where to start when considering how best to transition ownership and ensure profitable continuity for yourself and future owners. Furthermore, understanding the pitfalls of succession planning...
What do small business owners wish they had done differently before selling? While the attention on billion-dollar mergers and acquisitions, detailed information about acquisitions of smaller businesses is harder to find. Alexis Grant launched an online media...