What You Will Learn

  • What are the most common succession options. Their pros and cons.

  • The information needed to successfully prepare for selling your business.

  • How to get the maximum value for your business.

Course curriculum

  • 01

    Overview

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  • 02

    What Is Succession Planning?

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    • What is Succession Planning? - 1:15
  • 03

    Succession Planning Options

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    • Liquidation and Family Succession - 2:42

    • Selling The Business - 8:39

    • Other Succession Options - 3:05

    • Succession Options - Pros and Cons - 6:54

    • Succession Options - Pros and Cons - pt. 2 - 4:32
  • 04

    Selling Option - Exercise

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    • Selling Your Business - Key Questions - 7:16
  • 05

    Succession Planning - Applying the SBPro Critical Path & Methodology

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    • The SBPro Critical Path - 4:21

    • Business Owner Evolution - 6:05

    • Succession Planning - Working ON Your Business - 5:17

    • Succession Planning - Working on the Future of Your Business - :58

    • Succession Planning - Methods to Improve Your Business - 5:58

    • Methods to Improve Your Business - Part 2 - 1:54
  • 06

    Course Wrap-up

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    • Test Your Knowledge

    • We Value Your Feedback

Andrew Frazier, MBA, CFA

Instructor

Andrew Frazier empowers business owners to Maximize the Value of their companies by helping them Grow Revenue, Increase Profitability, and Obtain Financing. He guides them along the critical path to create a sustainable business that can run without them through invaluable coaching, consulting, and training services. His expertise in business strategy and financial management enables him to take a holistic perspective and provide more optimal solutions for clients. Mr. Frazier’s book “Running Your Small Business Like A Pro” helps people increase the likelihood and magnitude of their success in business. He has also produced POWER BREAKFAST events in Northern NJ for almost 10 years generating $10+ million in both economic impact and financing for 1,000+ attendees. His online Small Business Pro University provides entrepreneurs with access to best practices and useful knowledge for running their businesses more professionally. Andrew’s articles have appeared in the digital edition of Sales and Marketing Management, and “Octane”, the worldwide Entrepreneurs’ Organization’s (EO) blog, Inc.com and “SmallbizDaily.com, “Americanentrepreneurship.com, and NJ Business magazine”. He was also interviewed on RVN.TV Family Business World show and the syndicated “School for Startups Radio” show. Andrew has worked 1-on-1 with 500+ business owners and taught thousands of people about business over the last 10+ years. He graduated from MIT with a BS in Mechanical Engineering, earned an MBA in Finance from NYU, and achieved the Chartered Financial Analyst (CFA) designation. His background includes significantly diverse experiences as a Naval Officer, Operations Manager, Corporate Executive, Investment Manager, Real Estate Investor, Non-Profit Leader, Board Member, Business Owner, Professor, Coach, Consultant, Trainer, and Author. Learn more about Andrew by visiting http://www.AndrewFrazier360.com

Andrew Frazier, MBA, CFA, SBPro

Business Growth Pro and CFO