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Mastery Series: Succession & Exit Planning
Having just met with a business broker— their target date to sell is this fall. Downing says, “Exiting a business is often an issue of identity. Is your work who you are? Preparatory grieving of the business is an important step when it comes to an end. So many do not prepare for what happens when they sell a company.” You can have the finest advisors, achieve value for your life’s work beyond your expectations, and be financially set for your retirement. However, if you are not ready emotionally—then you could be one who “profoundly regrets” the sale of your business and end up grieving it for years. Exit planning is not just about the transaction but also the transition of your life. Grieving the loss of your business upfront will allow you to leave it on your terms.
Mastery Series
SUCCESSION & EXIT PLANNING
The topic of succession and exit planning can be intimidating, but there are many stories of successful transitions to new owners and to family members in the horticultural industry. Let us help you learn from these stories during the
Taking place November 2, 9, and 16 from 1–4 PM, ET, this Mastery Series will help guide you through the process of succession and exit planning. AmericanHort has pulled together a panel of experts ranging from CEPAs (Certified Exit Planning Advisors), accounting, legal, financial planning, and organizational development professionals who will help you form a succession plan for your business.
Register today at AmericanHort.org/Succession
