BTC consults concerning all types of transitions planning, including succession planning and the buying and selling of businesses.
There are two general types of succession plans, the contingency plan (providing for the contingency of an owner's death or disability) and the transition plan (addressing transition of the business to its successors).
BTC has successfully coached owners of a variety of businesses. BTC works with clients through a planning process providing focus on one or more of the following:
- Evaluating creative ideas for expansion or profit-enhancement.
- Improving relationships between family members or co-owners.
- Creating a stronger vision of the company’s strengths and potential.
- Identifying conflicts and weaknesses that are holding back progress.
- Developing processes for focusing decisions and taking timely actions.
- Evaluating relationships and structures restricting personal and business growth.
- Identifying and improving ineffective and undesirable management behaviors.
- Achieving a better balance between business and personal needs.
- Increasing time management skills.
BTC services are customized to meet each client's needs, with sensitivity to the qualities that make each person and business unique. For example, BTC helps managers identify the strengths and weaknesses of their workforce, and then coaches them on how to motivate, terminate or co-exist with employees. For partners or co-owners who have different values or visions, BTC can facilitate better communication and cooperation. A common benefit results from coaching engagements - important goals become clearer and gain priority, while obstacles become less obscure and formidable.
