Welcome to Part 1 of a 3 Part Series on Business Transition. In this episode Elisabeth Colson, Partner & Corporate/Commercial lawyer at Devry Smith Frank LLP and Eric Gilboord, CEO of Warren Business Development Center address the Pre-Transition stage of transitioning a business.

We stress the importance of preparing the owner and business for transition, and how to ensure everything is in order to have a smooth and successful transition.

Part 2 and 3 will address the During Transition and Post Transition stages, respectively.

NOTE

To sell your business now or to prepare properly for a successful sale click here.