Company risks are very specific, including unresolved family conflicts that affect business and personal successes. Reducing risk is a primary driver of greater business value. We work with owners to identify then eliminate or mitigate as much risk as possible.

Every once in a while, Ready for Next is engaged to help a family suffering interpersonal and business disagreements strong enough to threaten their future together. No matter how much a family-in-business is struggling, we believe there is always a way forward.

One of our clients was on a knife’s edge with a lot on the line. When family relationships break down and threaten business continuity, we add a family counsellor to our multidisciplinary team to help families-in-business recover their shared values and address conflicts head on. For this client, we helped craft a family charter reflecting their strong faith-based business practices and how they can use the success of their business as a force for good across multiple generations.

How can we help you and your business?

Imagine your business’s enterprise value was $7M.

Now imagine a handful of years later it has risen to $20M.

This was reality for one of our clients. We worked with them to accelerate the value of the business with intention and focus. Reducing risk, putting the right people in the right positions and increasing collaboration were just a few items we addressed.

The added bonus was giving the owner back the drive and passion for his business by allowing him to be a visionary and removing him from day-to-day operations.

Could we do the same for you? Let’s find out!

Customer concentration can cripple a business. So can improperly analysing the actual value of a customer. Sometimes a customer looks one way on paper but the actual facts are quite different.

Some customers actually cost your business money rather than making your business money.

Ready for Next Financial Acceleration solution helps owners to increase financial efficiency, increase cash flow and provide clarity about which activities generate an appropriate return. Afterall, for many owners, their business is their largest investment making the return and availability of the funds when needed.

Doing proper analysis and uncovering the true value of a customer helped a RFN client with an improvement of 5% directly to their bottom line.

Put us to work for you.

Imagine your family business is in the process of transitioning between generations AND looking to grow from $400M to $1B. This was the reality for one of our clients and we helped them make key decisions that facilitated a smooth intergenerational transition while preserving necessary growth capital.

As part of the well-designed transition, the parent’s retirement was comfortably funded (with more money than expected or needed) AND their sons had a clear path to $1B without having to raise outside capital and dilute family ownership.

According to them, “we couldn’t have done this without Ready for Next.”

Put us to work on your family business transition. We work diligently to make sure all parties are heard and transitions exceed expectations.