Building With the End in Mind: A Complete Succession Planning Guide for Professional Service Owners - Softcover
Synopsis
Professional Services is one of the fastest-growing sectors in the United States, spanning fields such as:
- Technology Consulting
- Healthcare Services
- Financial Advisory / Wealth Management
- Legal Services
- Tax Professionals
- Veterinary Care
- Environmental & Sustainability Consulting
A succession plan is not a sale of your business. It is a professional and gradual transfer of ownership and leadership over ten to twenty years, if started early enough—a process that blends strategy, development, mentorship, finance, governance, and stewardship. It is how you build something that outlives you.
In Building With the End in Mind, you’ll learn the practical mechanics of succession planning through 50 concise but hard-hitting lessons, designed to help you build a profitable, valuable, investable, growing, and durable business—one that can one day work for you.
This book is written for current owners, founders, and first-generation (G1) Professional Service Providers, and for the legal, tax, valuation, and banking professionals who support them. A separate but companion volume—Acquiring Your Future Through a Succession Plan—is written for next-generation prospective owners, the G2s and G3s who will carry your firm forward.
Drawing on decades of experience as the leading succession-planning expert in the professional services space, former securities regulator, M&A specialist, magazine columnist, and attorney, David Grau Sr., JD, delivers a proven blueprint that will shape your business, your legacy, and your future.
(BRONZE MEDALIST - THE GLOBAL BOOK AWARDS / BUSINESS MANAGEMENT)
"synopsis" may belong to another edition of this title.
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Paperback. Condition: new. Paperback. Some of the fastest growing professional services in the United States include: Technology ConsultingHealthcare ServicesFinancial Advisory/Wealth ManagementLegal ServicesTax ProfessionalsVeterinary CareEnvironmental & Sustainability ConsultingAnd those are but a few of the many, many Professional Service models that power our economy and help us all solve problems and live better lives. But most of these service providers have built or are building one-generational practices that will end with their own careers. Multi-owner/multi-generational businesses are all too rare - and that needs to change.Building With the End in Mind lays out the mechanics of the process in 50 succinct, but hard-hitting lessons garnered from the experiences of a succession planning expert who has instructed thousands of professional service providers in this process. For a PSP, or Professional Services Provider, who is larger than a force-of-one or wants to be, building a business designed to be valuable, profitable, investable and sustainable is what this book is all about. Succession planning is a gradual transition of ownership and leadership and involves a team of successors who buy-in over a ten to twenty year period if the plan starts early enough. It is nothing like selling to a third-party. If you want to build something that will outlive you, perhaps a legacy, you have to build with the end in mind. This book will show you how.This book is written to guide business builders and key employees, their supporting legal, tax, and valuation professionals, even banks who might lend to the next generation owners and investors. Succession planning is a powerful tool that will touch the lives of today's owners and tomorrow's successors - it changes everything! This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9798991262972
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