Business Owner Readiness

Every successful business succession begins with a clear understanding of the most critical stakeholder: the business owner. In this foundational phase of the succession journey, we explore why the owner’s personal fulfillment is the cornerstone of a thriving transition.

This session will guide business owners through a reflective process to assess their current lifestyle and envision their ideal post-succession life. It’s not just about financial readiness—it’s about aligning personal, family, and spiritual goals to ensure a meaningful next chapter.

Participants will learn:

• Why the owner’s satisfaction directly impacts employees, customers, vendors, and family stakeholders.
• How a disengaged owner can unintentionally cause the business—and everyone connected to it—to suffer.
• The importance of retiring TO something, not just FROM something, to avoid the dreaded “Now what?” moment.
• How to evaluate your financial readiness for the lifestyle you want and whether non-business assets are sufficient to support their desired lifestyle—or if a wealth gap exists.

This phase sets the tone for a succession plan that honors both the legacy of the business and the future aspirations of the owner.

Ideal for: Business owners considering succession, advisors supporting succession planning, and family members involved in the transition.

Cost: Seminar is Free.  We are asking attendees to make a voluntary contribution online or at the door for the Southeastern Virginia Food Bank. Suggested donation is $15

If you want to make a donation online click HERE to donate