This article highlights the pivotal role of advisors in guiding business owners’ ventures and encourages them to advocate for entrepreneurs to adopt an investor-centric perspective. By encouraging business owners to view their ventures through the eyes of outside investors, advisors facilitate objectivity, long-term value creation and the identification of strengths and weaknesses. Access to capital (if desired), strategic alignment and accountability are also benefits, ultimately positioning businesses for sustained growth and resilience. Ready for Next's “See Your Business Through the Eyes of an Investor” assessment tool is a practical step for owners to gain insights into their ventures' investor appeal, underscoring the advisor's role in helping an owner succeed.

RFN provides a comprehensive roadmap for business owners navigating the complexities of transitioning their businesses. Our Academy has programs highlighting the importance of understanding the spectrum of business transition options. Business owners are advised to evaluate options based on fit, feasibility, likelihood and to seek professional assistance. We believe in further exploration and personalized guidance, empowering owners to approach their business transition with confidence and strategic foresight.

Pick any team sport and there are specific skills needed to be victorious and have positive outcomes. The same is true for any large endeavor.
Transitioning from business ownership is likely one of the largest decisions and processes you will undertake. It is important to have a team around you advocating and supporting you through the experience.

Transition readiness is about owners leaving the business on their terms and with the highest value possible.