FAQs

Everything you need to know…

Eligible applicants are owners / co-owners of profitable small businesses  with minimum prior year gross revenue of $1M and at least 5 employees.  

Owners of smaller revenue businesses will also be considered for acceptance, on a case-by-case basis.

Succession Ready ensures owners keep their businesses open, preserve their legacy and are able to accumulate generational wealth by developing a customized action plan and a network of resources.

  1. Financials: Learn what drives the value of your business and how you can maximize it.
  2. People: Preserve your legacy and create value through your employees.
  3. Technology, Operations and Processes: The importance of clear documentation of your operations and processes and how to use technology to drive efficiencies.
  4. Marketing and Networking: Increase the value of your business through partnerships with your customers, suppliers and other stakeholders. Make your business stand out to potential buyers.
  5. Next Steps: Do a deep dive into the transition process - what is involved? Who is involved? Move ahead empowered with a customized, actionable plan.

  1. Complete our brief application
  2. Get more details and all your questions answered by attending one of our upcoming Virtual Information Sessions

YES! All sessions are provided for FREE thanks to support from our generous funders.

The Succession Ready curriculum is delivered by Babson College faculty with Babson Professor Richard Bliss as the Academic Director. 

We will also have expert guests from various fields pertaining to succession planning and business acquisition.

Get more details and all your questions answered by attending one of our upcoming Virtual Information Sessions


Get Succession Ready

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