Acquiring Your Future Through a Succession Plan: A Primer for Next Generation Professional Service Providers - Paperback

by David Sr. Grau Jd (Author)

An incredible opportunity is at hand for today's next generation service providers! Today's younger professionals often have a choice to make early in their careers - they can hang out their own shingle, perhaps with a colleague or two, or continue to work in the business where they started and trained and press for an opportunity to buy in to ownership.

Acquiring Your Future Through a Succession Plan is written for today's next generation professionals who want to consider the advantages and understand the mechanics of buying in and becoming an owner. A succession plan is a gradual transition of ownership and leadership and often involves a small team of successors who acquire equity over a ten to twenty year period, if the plan starts early enough. This book is the roadmap to a fulfilling professional services career and that of a business owner and entrepreneur.

The clear and strong benefits of building on top of an existing business are the focus of this book. Whether you're in the technology field, medical, financial, legal, tax, environmental consulting or any one of the many other fast growing Professional Service models in the U.S. or abroad, incoming next generation service providers are the key to the future. This is because most of the senior level service providers today have built or are building one-generational practices that will end with their own career-unless those models are recharged with talent and energy. This book explores the process of working together, one generation with another, to build a valuable, profitable, investable and sustainable business for the benefit of all stakeholders.

Written by the leading succession planning expert in the professional services space, former securities regulator, M&A specialist, magazine columnist, and attorney, David Grau Sr., JD, has created an unmatched resource that will have an enduring and resounding impact on the entire Professional Services space.

(BOOK 2 of a 2 PART SERIES by this author - this book is written for key employees, prospective owners, or second/third generation (G2/G3) professional service providers)