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Stephanie Hayes, Empowers Established Business Owners to Transform Revenue into Lasting Wealth
Succession planning involves identifying key organizationalpositions and developing action plans for individuals to take over those roles.By comprehensively understanding current and future goals, this preparationensures that the right people occupy the right roles both now and, in theyears, ahead. According to a recent survey commissioned by Scotiabank,Canadian small businesses are facing challenges related to succession planning.As many small business owners prepare for retirement, findings from the studyreleased in October 2024 indicate that approximately 31% of small businessowners in Canada intend to sell their businesses by 2030. The survey alsoreveals that about 65% of owners have a succession plan; however, 43% of thoseplanning to sell in six years or more do not have a plan. Business and Exit Strategist Stephanie Hayes believes anythingis possible if you create it yourself. She emphasizes that she is not youraverage business coach—her approach is anything but typical. At times, she maybe above average, and at others, she may be below average, but she guaranteesthat she will never remain stagnant. You don’t want the average experience either, so you’rehere. You seek connection, thoughtful dialogue, intellect, and innovation. Eachday, you want to feel exceptional—better than average. Hayes is the founder of Assets to Exits, a pathway forestablished business owners to transition from merely generating revenue tobuilding wealth and preparing for a future exit from their businesses. Thebusiness community often focuses on startups and early growth phases,overlooking established businesses that are profitable yet may leave theirowners feeling stagnant, uninspired, or directionless. Many business ownersmistakenly believe that an exit strategy is only for Silicon Valley startups orventure-funded companies; however, most businesses have already created value. Theycan leverage that value and multiply it over time with some adjustments. Leveraging her expertise in business model design andinnovation strategy, Stephanie developed an asset-based business model to helpowners shift their focus and work towards a financially rewarding exit. For more information: https://stephaniehayes.biz/ LinkedIn: @StephanieHayes
From "Lets Have This Conversation"
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