What steps should business owners take to ensure a smooth transition when selling their businesses?

Kate Hufnagel is a seasoned professional with a solid background in engineering and an extensive 25-year career in big tech, including a tenure as a federal employee at the Central Intelligence Agency. Her perspective on business continuity and digital legacy planning is profoundly shaped by her professional experiences. Hufnagel emphasizes the critical role

of reliable documentation and information storage in a digital format for ensuring operational continuity and security, a lesson she learned during her service at the agency. As the founder of the Digital Wrangler, she leverages her expertise to help solopreneurs and small to medium-sized business owners prepare for potential succession and business sale, focusing on digital aspects such as online accounts and financial records. Her approach is proactive, identifying blind spots in digital legacy planning to ensure a smoother transition and a more confident business owner.

Here’s what to expect this episode: 

• Having a comprehensive plan in place is crucial for preparing to sell a business

• Business owners need to organize digital accounts, formalize succession plans, and implement data security measures when selling their businesses

• Consultants play a critical role in guiding owners through the business transition process to ensure a successful outcome

Connect with Kate Hufnagel

https://www.thedigitalwrangler.com/

https://www.linkedin.com/in/kate-hufnagel/

Connect with Jacob Koenig:

https://woodbridgegrp.com/

https://www.linkedin.com/in/jacobkoenig/

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