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Buyers & processSuccession
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Topic guide

Business Succession Planning: Sell, Transfer, or Hold?

A third-party sale is one path among several. This desk compares the control, liquidity, financing, governance, and continuity questions that distinguish a sale from family, employee, partner, or recapitalization alternatives.

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Succession becomes concrete when operating knowledge, authority, records, and fallback plans can be handed on.NextGen Seller editorial illustration · generated; no real company or transaction depicted

NextGen Seller editorial illustration · generated; no real company or transaction depicted
Start hereSuccessionGuideUpdated Aug 6, 2026

Family Business Succession Planning: Who Runs the Company?

Build a family business succession plan by separating operating authority from ownership and testing the work that still depends on the founder.

Read the guide →
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  1. 01SuccessionComparisonManagement Buyout: How to Test Your Team's Purchase PlanTest a management buyout before price negotiations by defining the buyer group, sale perimeter, payment capacity, and seller-note exposure.→
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Related topics

ValuationEstimate a credible range by understanding earnings, methods, transaction perimeter, and transfer risk.→Earnings qualityReconcile SDE, EBITDA, add-backs, revenue quality, and the records a buyer will test.→Sale readinessPrepare the company, sequence outreach, and protect confidential information before a process begins.→
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