Whether you are looking to sell in 2023 or building for the next 20 years, this presentation will help owners apply key concepts for succession planning. By outlining common mistakes, we will help owners understand options and plan for success. We will summarize the record acquisition activity in 2021 and outline the impact of continued consolidation on succession planning. Participants will also learn how to vet options and prioritize criteria for choosing the right partner. We also will clarify important LOI concepts and key steps to help owners be successful when the time is right.
Learning Objectives:
Upon completion of this course, you will be able to
Articulate key concepts for succession planning amidst record acquisitions and consolidation.
Utilize specific criteria and tools for vetting and choosing the right partner.
Describe key simple steps to prepare and execute a successful succession plan.
