Are you an exploring, pivoting or triggering business owner?
exploring
5+ years until transitionexploring
Exploring options and possibilities is often the first step in any big decision. Increasing your understanding and knowledge about your business’ potential and how to grow its value is the crux of this part of your journey to achieve higher valuation and transition-readiness.pivoting
18 months to 5 years to transitionpivoting
Pivoting owners are ready to invest in optimizing business value and achieving transition-readiness. Both are complex and require a trained professional to guide you on your journey. It is time to pivot into action and reach the next level of exceptional performance.
triggering
18 months or lesstriggering
Change can happen quickly, triggering an owner into action. Sometimes owners are ready to transition but their businesses are not transition-ready. The reasons for rapidly accelerating the transition timeline are diverse. You require a professional to help you make the best decisions possible under the circumstances.
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Ready for Next’s most recent blogs:
How do I manage unproductive family members who are in the business?
December 4, 2024
4 min
Blog first appeared in the University of San Francisco, School of Management, Gellert Family Business Center. This...
Understanding the Difference Between Value and Price
November 27, 2024
4 min
In the realm of finance and business, the terms "value" and "price" are often used interchangeably, but...
From Awareness to Action: Workplace Inclusivity Through Generational Differences
July 9, 2024
2 min
Creating an inclusive workplace is essential. Understanding generational differences plays a crucial role in achieving this goal. Each generation, from Baby Boomers to Gen Z, brings unique perspectives and communication styles that, when embraced, can enhance collaboration and inclusivity. Committing to communication methods, respecting diverse viewpoints, leveraging technology, fostering cross-generational teamwork, building trust and promoting continuous learning, organizations can cultivate a work environment where all employees feel valued and empowered.