ACQUIRING YOUR FUTURE THROUGH A SUCCESSION PLAN

A Primer for Next Generation Professional Service Providers

AcquiringYourFuture-3D-ALT-ANGLE-Bookcover-Transparent-Background (002) (NEW)

 

Book 2 of a 2 part series - Coming 2025!

(Book 2 is written for key employees, prospective owners, or second/third generation (G2/G3) professional service providers)

 

An incredible opportunity is at hand for today’s thirty-something year old service providers (plus or minus ten years!). Today’s next generation professionals have a clear choice at some point in their careers – they can hang out their own shingle, perhaps with a colleague or two, or they can continue to work in the business where they started and wait for an opportunity to buy in to ownership.

The benefits of building on top of an existing business model are the focus of this book. Why? When? How? Where does the money come from? What if the plans change?

Whether you’re in the technology field, medical, financial, legal, tax, environmental consulting or any one of the many other fast growing professional service models in the United States, incoming next generation service providers are the key to the future. This is because most of the senior level service providers today have built or are building one-generational practices that will end with their own careers if those models are not recharged with talent. We’re talking about the ability to work together, one generation with another, to build a valuable, profitable, investable and sustainable business.

Acquiring Your Future Through Succession Planning is written for today’s next generation non-owners who must consider the advantages and the mechanics of buying in. This is a process, or at least an issue, that should be discussed during your initial interview. Is there a business to buy into? Will there be an opportunity? Has anyone else, like you, been able to buy in? What is the ownership track or the succession plan? The answers will be telling but ask early – your initial pay is the issue in the near term, but your future is everything else. This book will help you be certain in your direction and choices. That first step on your career path is so important.

A succession plan is a gradual transition of ownership to a team of successors in most cases who buy in over a ten to twenty year period - but only if the plan starts early enough and there are enough next generation ownership prospects willing to participate. This book is your roadmap, to a professional services career as a business owner and entrepreneur!  Sign up to be notified when this book is published and for excerpts as it is developed.