Succession Planning

Succession Planning:

Is Your Business Prepared to Move On?

As an owner, major changes to your business can be a scary, daunting task. From changing company structure to completely handing off ownership–it’s one of the most important decisions of your life. It’s your biggest investment. You shouldn’t have to face these challenges alone. At Operations Laboratory, you will work with our execution consultants and a group of like-minded business owners to prepare a plan that works.

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Who is succession planning for?

Succession planning is the perfect step for any owner wanting to sell a business or install new leaders at the top. For example, you may want to move beyond your company’s day-to-day operations, pass it to the next generation in your family, or even sell it. All three of these require detailed planning to succeed.

How am I doing with Succession Planning?

Take our survey to determine your readiness!

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Historically, the odds': Without planning, you face an uphill battle

Historically, the odds are against you in terms of successfully pushing your business into the next phase. According to recent statistics, 75% of owners who sell their companies are extremely dissatisfied with the outcome after one year.

COMMON PROBLEMS INCLUDE:

The person taking control of your business is not ready

Employees and stakeholders become extremely frustrated because the transition is painful

The form of the sale did not go how you wanted

You don’t have to figure this out on your own

At Operations Laboratory, we create a group experience with owners who are all going through the same things. With group-centered and private consulting, you learn the key pieces you need to address to develop a successful plan while forming relationships with fellow business leaders.

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Why can you succeed with Operations Laboratory?

Peer-to-Peer Support

Members participate in facilitated lab sessions with like-minded peers that support them while also holding them accountable for following through on their decisions.

Structure

Lab sessions and one-on-ones are routinely held to ensure progress is tracked and consistency is upheld.

Action-Oriented

This is more than just talking. Members are constantly developing and following through on ideas with real-world actions with the assistance of their execution consultant.

Data-Driven

All actions and recommendations are based on Value Builder’s extensive business research and metrics.

Succession Planning