Ownership/Transition

Lack of a clear ownership transition strategy is one of the most critical issues facing virtually every business today. TAC has partnered with experts in business transition, broad-based ownership plans, and incentive/engagement systems to help our key client – the business owner. Click on the Ownership/Transition link to learn more, or contact us to discuss your unique needs.

Ownership Thinking™ helps businesses unleash their potential by creating an organization of employees who think and act like owners. This unique program has been implemented in hundreds of companies with amazing results. It is quite possible for Ownership Thinking™ companies to double their profits in the first year of implementing the program! Within months of launching Ownership Thinking™ clients report higher engagement, focus, and performance.

WHAT PEOPLE ARE SAYING:

In 2008 we tripled our bottom line and distributed over $300K in profits to our employees! Pretty miraculous results. Ownership Thinking was the best investment we have made.

~ Steve Winter, Owner and CEO, ERGOS Technology

Employee Share Ownership Programs (ESOPs) have been implemented successfully in businesses for many years. Based on the reality that organizations that participate in broad-based ownership structures perform better, have higher employee engagement, and provide transition opportunities for the majority owners, TAC is pleased to be partnered with ESOP Builders, the leading organization in Canada for implementing broad-based ownership plans.

If you are a business owner planning to retire or transition your business, there are some important questions you must ask yourself. Being caught unprepared could cost you all that you’ve worked hard for.

Today’s demographic dictates that hundreds of thousands of business owners are thinking about retirement, resulting in an overabundance of businesses to be sold in the next 5-10 years. Unfortunately, most of them don’t have a succession plan in place.

Needing to sell your business and not being prepared could cost you as much as 100% or more of your final business value.

If you are considering selling your business in the next 5 years, you need to start planning now. This is especially true if the business still needs you to be successful. To sell for the most value, a business needs to run at peak performance for at least two or three years before it is sold.

The Business Transition Coach Forum™ (BTC) provides a roadmap for this process. This includes a start and end point and milestones that track your progress, with more profits along the way.