Why Business Coaching is the Key to a Smooth Transition
This marks the final article in our Exit Strategies & Succession Planning series. Over the past few weeks, we’ve explored how to plan your exit, protect your family business legacy, and maximize your company’s value before selling.
Stay tuned for our next topic, “Mapping Your Business Exit Strategy,” which kicks off Session 1 of the Business Exit & Succession Planning Workshop Series.
Why You Should Start Early
Here’s what smart business owners gain by starting their exit journey today:
Avoid Unnecessary Taxes
Keep more of your hard-earned wealth through proper planning.
Minimize Risk
Navigate ownership changes smoothly and prevent major disruptions.
Realize the Full Value of Your Life’s Work
Ensure you’re rewarded for the years of effort you’ve invested.
The Harsh Reality: Why Most Businesses Fail to Transition
The numbers are sobering. Many owners wait too long, and their businesses don’t survive:
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41% plan to pass ownership to the next generation
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30% actually make it to the 2nd generation
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12% survive into the 3rd generation
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3% last into the 4th generation and beyond
The difference between success and failure comes down to one thing: Preparation.
How Business Coaching Ensures a Smooth Exit
Transitioning your business is one of the biggest decisions of your life.
A skilled business coach provides the tools and guidance to help you:
Clarify personal and financial goals
Create a step-by-step roadmap for transition
Grow business value while reducing risks
Make tough decisions with expert insight and support
The Best Time to Start Was Yesterday — The Next Best Time is Today
Don’t wait for a crisis, unexpected buyer’s offer, or family dispute to force your hand.
Start now so you can exit on your terms, with a clear vision of your next chapter — whether that’s:
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Retirement
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A new business venture
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More freedom to enjoy life
Your legacy deserves more than just a handoff. It deserves a brilliant transition.
Ready to Start Your Exit Journey?
Meet:
Pam Hargis, Certified Business & Executive Master Accountability & Growth Coach
Phone: 386-847-8028
LinkedIn: www.linkedin.com/in/
Email: phargis@
Schedule a Call: Calendly - Pam Hargis
Focal Point Coaching
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Pam Hargis Owner - Business & Executive Coach and Trainer
- September 18, 2025
- (386) 847-8028
- Send Email