Succession Planning: Is the Next Generation Ready to Take the Reigns? Let CAHB Help You Get a Plan in Place in Time for 2021
An annual BPA is included 100% through your CAHB Member Benefits ($4,200 value)
Many of you know about the Affinity Partnership we have with Small Business Growth Partners (SBGP) but you may not know that over 25% of the members they work with involves helping groom the second (or third) generation of a business or working on help our members find an exit plan out of their businesses through their key employees.
The BPA (Business Diagnostic & Plan of Actions) will give you a clear roadmap to help your kids or key employees methodically take over the business, but most importantly, help institute processes and procedures to ensure they succeed as you back away from day-to-day operations. Look at this as an “insurance policy” to make sure the hard work and perseverance you but into building your business doesn’t go to waste, and the business is able to maintain it’s sales, consistency and profitability it did under your leadership.
Even if you aren’t quite ready now, a BPA will lay the groundwork for what would need to happen to make an eventual smooth transition a reality.
It is not just a two or three-page summary, but an in-depth analysis of your business including…
Below is additional information to give you more details on what is included in a BPA.
To register for this member benefit, simply following the steps below.
1. Go to www.smallbusinessgrowthpartners.com
2. Click on Redeem Your BPA in the landing page toolbar
3. Select “HBA Members” and fill out the short questionnaire
This should only take you 2-3 minutes, and once you have registered, an SBGP representative will reach out to schedule an introductory call to explain the BPA, the BPA Process and answer any other questions you may have.
Many of you know about the Affinity Partnership we have with Small Business Growth Partners (SBGP) but you may not know that over 25% of the members they work with involves helping groom the second (or third) generation of a business or working on help our members find an exit plan out of their businesses through their key employees.
The BPA (Business Diagnostic & Plan of Actions) will give you a clear roadmap to help your kids or key employees methodically take over the business, but most importantly, help institute processes and procedures to ensure they succeed as you back away from day-to-day operations. Look at this as an “insurance policy” to make sure the hard work and perseverance you but into building your business doesn’t go to waste, and the business is able to maintain it’s sales, consistency and profitability it did under your leadership.
Even if you aren’t quite ready now, a BPA will lay the groundwork for what would need to happen to make an eventual smooth transition a reality.
It is not just a two or three-page summary, but an in-depth analysis of your business including…
- Planning, both long and short-term, so you have a roadmap for the business
- Marketing and sales plan so you know what projects are ideal for your business
- Team and people so you have the right people in the right seats, all rowing in the same direction
- Financials and scorecards so you have a dashboard for your business to see how you’re doing at-a-glance
- Actions and accountability so you know what needs to be done and when and by who
Below is additional information to give you more details on what is included in a BPA.
To register for this member benefit, simply following the steps below.
1. Go to www.smallbusinessgrowthpartners.com
2. Click on Redeem Your BPA in the landing page toolbar
3. Select “HBA Members” and fill out the short questionnaire
This should only take you 2-3 minutes, and once you have registered, an SBGP representative will reach out to schedule an introductory call to explain the BPA, the BPA Process and answer any other questions you may have.
