Services / Succession Planning

You’d like the business to stay with family or your key people, and want to know if they’re ready.

For owners who want the business to stay with family or key employees, whether you’ve already chosen a successor, still need to identify one, or want to see if your successor is ready.

What the plan covers

  • Your goals and timeline: what a successful transition means for you, your family and the business.
  • Personal and financial readiness: whether the transition supports life after the business.
  • Successor and leadership readiness: who’s ready, who needs development and how roles will change.
  • A professional valuation, so everyone is working from the same number.
  • Gap analysis and a prioritized action plan.
  • Transition strategy: structure, timing and steps, coordinated with your CPA, attorney and financial advisor.

This is a good fit if…

  • A son or daughter works in the business, but there’s no plan for handing it over.
  • A key employee or manager has asked about ownership.
  • Siblings or partners disagree about who should run it next.
  • You want the transfer to support your retirement and treat everyone fairly.
  • You’re not yet sure whether a child or key employee can take over.
Who you’ll work with

One of our senior advisors leads your engagement, and the BSP team supports it from start to finish.

Meet our team →
If this sounds like you

Questions we hear from owners

“We’re not sure what to do next.
“How much is my business worth?

Not sure where to start? That’s what the first call is for.

Book a Clarity Call

A free, 30-minute conversation with a BSP expert.