Ready for next offers you access to world-class educational programs to grow a business with the highest possible transferrable enterprise value with a transition plan in place to harvest in the future, no matter how near or far.

Our education is designed with a bias for action so time invested in Ready for Next education provides a usuable tools and resources that can be easily implemented for immediate results.

Ready for Next’s Owner Readiness Hub is built on input and collaboration from experts serving owners of privately held businesses around the globe. Building best-in-class businesses takes intention and commitment. No matter where you are on the path of value acceleration and transition readiness, get access to relevant and timely solutions.

A third-generation family-owned heavy equipment dealer/distributor retains RFN to design a transition plan for the four sibling shareholders, who range in age from 62 to 78. For 10 years, the brothers made attempts to work out an acceptable plan, without success. The need for a plan has become more urgent as two of the brothers are in their 70’s, causing them to reconsider their personal financial exposures and a desire to pursue other interests.

Two 50/50 owners of a fast-growing second-generation family business want to exit in three to five years. The current valuation of the company, based on industry benchmarked EBITDA multiples is $12-14 million, but the current risk profile of the company makes it an unlikely candidate for sale to a third-party on favorable terms. The target exit value, after tax, is $30 million. The challenge is to triple enterprise value within five years while dramatically increasing the probability of transfer.

A brother and sister co-founded a growing flow controls software company 12 years ago. Both are in their mid-40’s. The brother is embarking on a divorce and owns 51% of the S-corporation shares, for voting they treat their equity as equal. Despite the brother and sister treating their equity as equal, indicating a close partnership, they often have differing views on decision-making. The current valuation of the company, based on industry benchmarked EBITDA multiples for profitable publicly traded SaaS companies, is about $220 million but they have not had a formal independent valuation.