Thomas - Sept 2018
TRANSITION ADVISORY & SUCCESSION SUPPORT
April and her team work closely with the owners of mid-market business clients to establish their transition strategies and to make sure their companies are exit ready when they are!
Key Outcomes from Engaging Transition Architects:
- Maximize the value of your business, by improving company performance and monitoring key KPIs
- Maximize the attractiveness of your business, often reducing time to sale.
- Create a living will for your company’s succession in the event an unexpected emergency happens.
- Ensure your Personal goals and needs are met by understanding the net value of your business and ensuring the best timing and structure of the transition.
Data Transition Architects was created, to support mid-market business owners in Ontario succeed and maximize returns!
Many business owners are unsure about their succession plans or transition options. These changes need to be planned and several years are usually required to fully implement strategies to maximize your net return from business investment.
Planning the intended point of transition is an important financial and personal decision to ensure this very important asset is transferred to the care and control of new leadership while still operating successfully. Transitioning your business to the next owner when profitable and efficient will maximize your return on your lifelong investment and increase its attractiveness to new buyers.
How We do it:
Transition Architects’ usually starts its assessment with a Business Model Canvas session, an inter-active activity with the owners and our team. A BMC is a quick and effective diagnostic tool used by many organizations and premier university programs, to complete a structured, thorough and effective analysis of a company’s strengths, key success factors and reveal areas of weakness or threats that can be focused on. It will provide an effective strategic view of your company and the foundation for the Plan or “Playbook” that we will develop together for business improvements and steps to meet your transition objectives. BMC assessments review all options and determine a final solution to optimize your business for maximum, verifiable results.
Transition reviews create a solid plan for business growth and transition goals
The areas evaluated are:
Sales, competition, industry, financial controls, partners, human resources, business intelligence, regulatory requirements & legacy needs.
This diagnostic will determine the “Playbook” or project of improvements required. These steps will provide a logical transition tool, maximizing the value and attractiveness of your business so it is ready whenever you are to exit or transition.
The Transition Architect team completed a deep and comprehensive review of our company and helped us better understand the true value and strengths of our business.
We were feeling stressed because our original transition plans had not worked out, but now we have a logical plan to help us move toward our retirement goals!
Nancy and Bill - July 2018