Succession Planning – Succession – Firebird Business Consulting Ltd – Saskatoon – Saskatchewan

After several years or a lifetime of hard work and dedication, many business owners struggle with succession planning. Do you know who the right people are to take over the business? Do you have a plan or buyers or a plan for succession? You may have trained people for years, who are capable to take over, but may not have the money to buy the business. Sometimes your ideal buyer is way closer than you think and you just can’t see it because you are so deeply involved in every aspect of the business you haven’t been able to look around. You may want to take money off the table, but probably still care about what happens after you’re gone.

We work with business owners to create a succession plan where the exiting owner is paid a fair value while the existing management become our partners. We work with the new management team to continue driving the business forward and often times, use revenue from the business to pay out the owner while creating a successful exit without giving up your legacy.

Selling a business or passing it along to family is truly a process, not an event. If your succession plans is in place within your company already, we work with you on getting those individuals ready to take over the business. We discuss all your options in succession of your business. Is it a family member? Employee? Outside party looking at acquiring a partial or full interest in the business? What are the current roles of everyone involved and what would the new roles and responsibilities look like. 

Firebird Business Consulting Ltd. helps everyone involved achieve the ultimate goal of transition. Is capital going to be required? If so, how much is needed? We can discuss traditional finance options and work with you and your current financial partners or, we can connect you the right type of investment partner to provide the capital needed.  We have established relationships with other non-traditional options to raise capital. 

Planning well in advance of a business changing hands will help the transition go as smoothly as possible. We have the business consulting experience to help prepare the business for this transition or sale while keeping the right people in place to continue operating the business. 

Succession Planning takes time and usually 1-2 years to fully materialize. Sometimes quicker and other times longer depending on multiple factors. A good succession plan will create a win for all parties involved. The people that want to exit can and the people that want to carry on the new ownership can. Or maybe it’s about the current ownership finding a way to stay involved but in a different way with different responsibilities. 

A good succession plan will make the company stronger, not weaker. It’s about the plan and working all the scenarios. We have experience in restructuring business and executing solid succession plans. Succession won’t happen on its own, and if no planning or due diligence is done it can make for a much more challenging situation. Companies that don’t plan for succession end up eventually folding with no chance of continuing on.

Contact Firebird Business Consulting Ltd for your one hour free no-obligation meeting and see if it makes sense for us to work together on your succession plan and strategy

Call or email to book a free 1 – hour free consultation

Firebird Business Consulting Ltd. in Saskatoon

Business Plans in Saskatoon

Management or Business Coach in Saskatoon

Succession Planning – Succession

Market Analysis

Growth, Revenue and Profit Consulting 

Business Development

Sales Training

Sales Strategies

Business Writing Services

Contract Sales Management

Management Consulting

Business Consulting

Social Media Training 

Social Media Management

Strategic Planning

Process Improvement

Risk Management

Business Consultant

Website Design

Website Development

Firebird Business Consulting Ltd.

333 25th St E, Saskatoon, Saskatchewan S7K 0L4, Canada

(306) 241-6215

Author: admin

Roger's expertise involves developing successful marketing plans, consulting on marketing and business sustainability and training in long term planning for a profitable future. Very successful track record building culture, sales teams and company growth goals. Firebird Business Consulting Ltd. sales consulting and marketing consulting services expertise is in next level business solutions, marketing, brand development and implementing the proper plan to achieve your goals. Our specialty in sales and marketing can allow us to work hands on in your sales development and can act as a marketing consulting firm. 7 years Senior Sales Management experience that involves setting/planning profit based sales targets (writing and executing), set and met large sales quotas. He has developed excellent media marketing plans that position the brands he worked with as industry leaders. Roger's other Senior Sales Management experience: recruited, hired, mentored, and motivated the sales team and other departments. He prepared reports by collecting, analyzing and summarizing relevant market information and then using that information to roll out effective plans. ​ - Sales Manager for larger home builder for Saskatoon, Humboldt and Prince Albert - As Sales Manager he was part of the Senior Management Team. Roger managed the sales of a very large territory that included Saskatoon, Dalmeny, Martensville, Clavet, Prince Albert and Humboldt. Priorities included positive planning and implementing of projects that were fueled by a solid marketing strategy. Consistently he identified objectives, strategies and action plans to improve processes and systems. The builder is one of Saskatchewan's largest volume home builders. Roger rolled out the launch of single-family housing in Humboldt. This include booking media, interviews, working with ad agencies, helping create action plans for the multi-family and single family housing market for all three markets. He is proud of helping direct the first "Goodwill House" in Prince Albert which helped raise over $70,000 for Vic Hospital - ICU. - Saskatoon based custom home builder - Roger designed and implemented the company marketing plan, was part of the Senior Management Team, developed and trained the sales team of 5, communicated with industry representatives, realtors and clients. During his involvement, sales doubled and they are now one of the major players in new home construction in Saskatoon. Roger was proud of his involvement with the team's launch in both the first ever "Holmes Approved Home" as well as the "Pink House Campaign" in Saskatchewan. They were announced as a finalist for the Bridges Awards for the Marketing Award for the Pink House Campaign project. - Product and service company for homebuilders - As Sales Manager he had the opportunity to build a team from 2 to 7 employees in less than two years. This company's territory was at its initial start up phase when he started. In less than a year they were grabbing a significant market share from it's competitors. Roger managed the staff at the Saskatoon Branch and dealt directly with the CEO in Regina on business development for Saskatoon and area. ​ - Buffalo Bill's Food Products Ltd - Roger had the opportunity to develop his own business (Buffalo Bill's Food Products) from the ground up in the early 90's. As President he developed the business and marketing plan, logo, outside sales, focus groups, trade-shows and company management. It was a great opportunity and our product ended up in 180 stores throughout Saskatchewan. 8 years Senior Media Marketing/Sales in Saskatchewan radio industry (CJWW, 92-9 the Bull, Rock 102, 104.9 the Wolf). For each station he developed a small list into a Senior Account list in a short period of time. In advertising he had the chance to work with almost every kind of business and industry, consulting on advertising, brand development, recruiting, and business growth. 8 years hard work in the Alberta and Western Saskatchewan oilfield including management roles (service and drilling rigs) :-) Specialties: Taking new ,junior ,senior salespeople to the next level, branding and imaging, new and existing business development, team building, business consulting, negotiating, marketing, coaching, leadership, expert in rapport building and communications.

Leave a Reply