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Fort Collins, CO 401.481.6863
Copyright 2017-2018 Agora Strategic Workshops Inc.

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Agora Succession Planning

December 13, 2017
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Articles
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Posted by agora

During the next 10-15 years 60-80 million baby boomers will be retiring. (Univ of Michigan, 2012)
During this period, more than 70% of privately owned businesses will change hands. (KPMG, 2014)
Over the next 30 years, an epic $30 trillion will be passed down from baby boomers to Generation X/millennials. (InvestmentNews Data)

Pretty startling predictions. Yet realizing that 90% + of businesses have no succession planning and 20 – 30% of all businesses for sale will actually close (Price Waterhouse Coopers, 2014), these predictions present a pretty grim picture for small businesses. Predictions that can certainly be avoided.

AGORA views succession planning as a critical process not only for the owners but for the employees and customers and as well. By starting out with the correct questions and the right toolsets, succession planning can lead to wealth continuity, stability for the business, job satisfaction, growth opportunities and increased value for owners, employees, and customers.

AGORA uses a multitude of quantitative and qualitative tools to increase the probability of successful succession planning and increased value within a Client’s company. This process first starts with an in-depth understanding of the strategies, goals, and values to bring together a valued oriented planning process.

Creating value is an AGORA strategic goal for its advisors and its clients. More specifically, creating value is an Agora process of assisting clients in aligning their thoughts and actions to build significant and lasting value within their business. We call this process Value Aligned Management (VAM).

AGORA, developing significant and lasting value for our Client’s businesses.

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