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Find a CEO / Future Owner

A CEO with the right experience, background and financial resources may well become the next owner. This process is sometimes called “Management Buy In”.

 

To make a 'Management Buy In' work you have to find the best person for the job, not just the first person. Then, after a settling in period, you'll need a plan for:

Ø      Management Succession – to free up your time; and if you wish,

Ø      Progressive Sale of Shares – to free up your capital

 

Consider 'Management Buy In' if:

Ø      Your business has “untapped” potential to boost revenue, and

Ø      This potential is sufficient to cover the costs of the new manager

 

It's hard to imagine a more effective way to make a smooth transition of business ownership.  But there are many pitfalls, so you'll need professional help. 

To find out if a 'Management Buy In' is right for your you we recommend:

Ø      A SuccessionPlan™ Business Ownership Analysis, and

Ø      A Financial Health Assessment

Through its professional network SuccessionPlan™ has helped other owners find the right managers and integrate them into their businesses, allowing the transition of ownership to proceed smoothly in accordance with an agreed timetable.

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