One of the most confounding questions facing AEC firm leaders is “who will run (and own) the firm tomorrow?”. It may not be one of the most urgent questions, but it is certainly an important one that guides the firm’s future and legacy as well as the livelihoods of owners and employees. Too often, busy AEC executives kick this can down the road as they encounter seemingly insurmountable challenges in planning for ownership transition. PSMJ recently conducted an AEC QuickTake Study to capture how firms are tackling these challenges and ensure they create a sustainable long-term plan for transitioning ownership. In this webinar, we will present the results of this study and tell you what you can do now to set your ownership transition plan up for success.
Key Takeaways:
-The biggest challenges firms face holding them back from a successful ownership transition. Teaser - lack of buyers or generational differences is not one of them.
-The 6 things firms identify as most effective in helping them achieve their ownership transition goals
-What firms that are successfully navigating these challenges are doing differently than those that struggle
-The 7 things you can do now to prepare for a successful ownership transition
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