Succession Plan Packages

Assessment of Current Succession Plan

>Investment: FREE OF CHARGE
Are you wondering if you really need a Succession Plan given your size or other factors? Do you already have a Succession Plan and would like it assessed for thoroughness? We will provide you an overview assessment at no charge to you. This includes a short series of questions designed to elicit a broad overview of your business and/or plan. We then provide you with our experienced opinion and, if needed, next steps for enhancing your succession process. While this Assessment is not a substitute for a thorough Succession Plan audit, it is designed to provide you with immediate feedback without taking much of your time. There are no further obligations on your part.

Interested in setting up a free, no obligation Assessment of your succession plan?  Call Mark at 717.439.6254 or click on contact us to email.

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Succession Plan Packages

Update Your Succession Plan

>Investment: $500 to $1,500*
Has it been 24 or more months since you last updated your Succession Plan? Your business hasn’t stood still and neither should your Succession Plan.

>What’s Included:

          • Review of your Succession Plan process and documents.
          • Meet with principal(s) for background.
          • Meet with 1-2 key staff to gauge their understanding and readiness to implement the Succession Plan.
          • Deliverables: Action Plan for updating your company’s Succession Plan.

Interested in setting up a free, no obligation session to discuss Updating your Succession Plan?  Call Mark at 717.439.6254 or click on contact us to email.

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Succession Plan Packages

Document Your Succession Plan

>Investment: $1,500 to $3,000*
Do you have your Succession Plan worked out but not fully documented?  Formally documenting your Succession Plan avoids any future misunderstandings about what was promised.  It also avoids confusion and ensures a quick response in situations where you or key staff are unexpectedly not available.

>What’s Included:

        • Meet with 2-3 principal(s) and/or key staff to gain an understanding of your Succession Plan.
        • First Draft of Succession Plan.
        • Provide recommendations for additional plan points (if needed).
        • Solicit feedback on first draft document(s).

        • Deliverables: Your Company’s Finalized Succession Plan. 

Interested in setting up a free, no obligation session to discuss Documenting your Succession Plan?  Call Mark at 717.439.6254 or click on contact us to email.

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Succession Plan Packages

Prepare a Succession Plan

>Investment: $4,500 to $8,000*
The Succession Plan ensures the continuity of your business and defines how you will receive the highest possible return on your business.  Benefits of a well thought-out Succession Plan include:

        • Retention of key-employees who have a clear vision of the business’ future and their role in it.
        • Future mangers with the qualities needed to lead your business and who are properly trained.
        • Avoids misunderstandings and squabbles within the family and/or partners.
        • Lays out an equitable exit strategy when you are ready to exit.
        • Provides a plan in case you or key staff are unexpectedly absent for an extended period of time.

           

You have insurance to protect your business in case of fire, theft or accident.  Why would you leave the future of your business to chance?

>What’s Included:

        • Interview principal(s).
        • Interview potential successors.
        • Interview other key staff and relevant stakeholders.
        • Review key financial documents.
        • Provide initial recommendations for Succession Plan.
        • Solicit feedback on recommendations.
        • Deliverables: Your Company’s Finalized Succession Plan. 

Interested in setting up a free, no obligation session to discuss the Succession Planning needs of your family and business?  Call Mark at 717.439.6254 or click on contact us to email.

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* Additional Notes

All Succession Plans reviewed and created by Strategic Business Group are customized to meet the specific needs of you, your family and your company.  As such, actual investment costs are based on the number of principals, staff and/or other stakeholders to be interviewed.  A planning process with additional stakeholders and/or a need for additional plan drafts may result in additional charges. Call or email for an exact quote for your company.

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