Tom Garrity is the managing partner of Compass Point Consulting, a family business consulting/coaching firm that helps fix family business problems and grow their business value. They are experts in developing growth and transition plans, and uncovering solutions to complex and emotionally charged challenges in their client’s business and personal life.
Tom has witnessed many owners who have painted themselves into a corner, what he calls the Owner’s Trap. The Owner’s Trap is when the business is not positioned in a manner that the owner can exit or step away on his/her terms.
In this one-hour webinar, we will speak about the three components of setting your business up for a successful transition – business value acceleration, owner financial certainty, and a plan for the next chapter of your life. Tom will discuss the owner’s myth that often derails their life – “I’ll plan for my exit when I’m ready to depart”. It’s often too late at that point.
Tom will discuss ideas on how to increase the value of your business now, and that by doing so now not only gives you more transition options, but puts more income in your pocket today. We will also leave a portion of the time to take questions and interact so that you can walk away with some ideas to implement immediately. There is no cost to attend for GNJMA Members.