Transition Planning is Part of Good Business Practice Allowing Owners to Plan with the End in Mind and in Position to Optimize Options

The team at Ready for Next believes it is critical to have the best information possible and a team of highly knowledgeable, interdisciplinary experts to support the myriad of critical decisions you will have to make on your transition planning journey.

Many of our team members are former entrepreneurs whose roots are in family-owned businesses. The RFN Advisory Group team is genuinely invested in your success, delivering the outcomes you desire and deserve. Feel free to reach out to us to us to talk about where you are on your transition planning journey. We may not work together, but we would love to hear your story.

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How transition ready are you?

Being transition ready means operating as a best-in-class business today so you in the best position for later, no matter how near or far. How transition ready are you?

Use the Ready for Next Transition Readiness Assessment to rate yourself on 10 statements. You will immediately receive your personalized results right to your inbox.

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Are you an exploring, pivoting or triggering business owner?

The entrepreneurial journey is far from linear. In our experience, when it comes to building enterprise value and transition planning, business owners fall on a spectrum from exploring to pivoting to triggering

exploring

5+ years until transition

exploring

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 transition

pivoting

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 less

triggering

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.

Exploring owners have a long timeline when it comes to exiting, more than five years, yet want to learn how building value and being transition ready can improve their current business.

Pivoting owners typically want to exit in two to five years and recognize the need to pivot, take steps toward value acceleration and become more transition ready.

Triggering owners are facing an accelerated transition timeline, usually under 18 months, for a multitude of reasons. Getting ready for transition is critical and urgent.

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