This one meeting could completely change your thinking on transition planning…and save you tens (even hundreds) of thousands of dollars.

Flawed ownership transition plans aren’t just costly…they can sink otherwise healthy architecture and engineering firms. If you are like many architecture and engineering firm leaders, you’ve gotten all sorts of traditional ownership and leadership transition planning advice over the years. But, none of it seems quite right for your firm and your objectives.

Is your transition plan positioned to fail?

Unfortunately, many A/E/C firm leaders trying to apply off-the-shelf approaches to their plan and end up making some of the most critical (though not uncommon) mistakes in transition planning, such as:

1. Letting lawyers and accountants drive your strategic (and quite personal) decisions.
2. Allowing tax mitigation be the ultimate goal.
3. Never defining the core principles that serve as the foundation of the organization…regardless of who is leading it.
4. Trying to implement a plan that was squarely inconsistent with the culture of their organization.
5. Using a buy/sell agreement that incentivizes emerging leaders to leave rather than stay.
6. And the list goes on…

Are you guilty of any of these costly and risky mistakes? When you absorb all the off-the-shelf so-called “expert” advice on transition planning and try to apply it to your unique firm…it can lead you right into a very expensive ditch. Sometimes, you need to contradict what the outsiders are instructing you to do and take a different path. Unless you are 100% convinced that your ownership transition plan will achieve your objectives, I’d be willing to bet that contrarian and non-traditional thinking can help you plan for a smoother exit.