The Transition Preparation Assessment is a fully automated online tool developed to assist family-owned or privately-held businesses who are engaging in a transition.
70% of business transitions fail. Why? A majority fail due to a lack of communication/Trust at the ownership level or a lack of next generation competency.
Starting the conversation around transition early can minimize conflict by aligning ownerships' needs, goals, and expectations around the business and family.
One of the biggest reasons ownership groups lose trust or have conflict is because roles and responsibilities haven't been clearly outlined or discussed.
We take the “work” out of the process. Signing-up to use the TPA is a simple and straight forward process, with no hidden licensing fees or additional add-ons. What you see is what you get, and that is a solid report to provide an additional support tool for you to use with your clients.
See all the features of this fully automated online assessment that will assist family businesses as they navigate through a successful business transition.Trusted advisors can be confident working with the TPA:
