by Tommy Delello | Sep 9, 2025 | Business Succession
Every business moves through predictable phases—startup, growth, maturity, and eventually, transition. While most owners plan obsessively for the first three, they often ignore the fourth. Less than one in four private firm boards report having a formal succession...
by Tommy Delello | Aug 22, 2025 | Business Succession
Arguably, the most crucial phase in the life of a business is the one in which the business owner is often the least prepared for: their succession and exit from the business. Whether succeeded by a family member, management team, the company’s employees (via an...
by Tommy Delello | Aug 20, 2025 | Business Succession
A significant hurdle that must be cleared before any business sale or succession is eliminating the business’s reliance on the exiting owner. A 2023 U.S. Exit Planning Association study found that only 2 out of 10 business owners believe their business could operate...
