Sabine Hoover’s Post

If you're a business owner, you've likely invested so much into building your company, so transitioning out of that role can feel overwhelming. Where do you begin when it’s time to pass the torch to the next generation of leaders? Check out our latest industry research to discover key questions and topics to think about as you go down this path.

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Earlier this year, we teamed up with CFMA to survey construction owners and executives about their ownership transfer and management succession (OTMS) plans. Our findings reveal that 58% of respondents lack a formal ownership transition plan. Whether your business is in its early stages or well-established, crafting an intentional exit strategy can help you mitigate risk, preserve your legacy and ensure your firm’s continuity. Discover practical strategies, insights and tactics to effectively plan your transition and secure lasting success for both you and your company: https://bit.ly/4erYGzA

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