In this episode of PowerTips Unscripted, Victoria and Mark are joined by Pete McDowell to discuss succession planning and how business owners can exit their company. According to Pete, there are four primary ways for a business owner to leave their company: selling the company, transferring the company to family or employees, or ESOP. He also highlights some of the basics of a succession plan, regardless of the option the business owner chooses.

Pete McDowell is a Partner at ActionCOACH Columbus. Pete, alongside his partner, Peg Buehrle are a part of Remodelers Advantage as Consultants. They help people evaluate each of these options and select the best path. Along the way, they assist their clients to work less and build the value of their business. In this way, you can enjoy life NOW and look forward to a comfortable next chapter!

Pete, Victoria, and Mark talk more about:

• Preparing the team for succession planning
• Examples of well executed succession plans
• And more…

Whether you’re planning to sell, pass it on, or explore an ESOP, Pete McDowell and Peg Buehrle—part of the Remodelers Advantage Consulting Team—are here to guide you every step of the way. With a proven process to help you work less, grow your business value, and prepare for a smooth transition, you don’t have to figure it out alone.

The post Preparing Your Business For Your Departure with Pete McDowell – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.