ServicesSuccession & Transition Planning
Phase 3 · Selection · Build Long-Term Optionality
Succession & Transition Planning
Helping prepare the business for future leadership transitions, continuity, and long-term optionality.
Succession is not a document you sign at the end. It is the set of decisions that determine whether there is anything to hand over, and whether anyone is ready to take it.
This may sound familiar…
Successful, but still more dependent than it should be.
You've built success. But freedom hasn't kept pace with growth.
01The business looks strong on paper
02Key areas still depend on you
03Leadership isn't fully independent
04Risk is concentrated in a few people or clients
05Transition isn't clearly defined
06Wealth remains heavily concentrated inside the business
What we actually do
Decide what transition means here. Prepare the business and the people. Write it down and keep it current.
Step 01
Decide what transition means here
Family, key employees, an outside buyer, or a slow step back. Each one asks different things of the business, and they cannot all be kept open forever.
Step 02
Prepare the business and the people
Leadership that can operate without you, ownership and assets that can actually transfer, and the funding to make the transfer work.
Step 03
Write it down and keep it current
Built alongside your attorney and CPA, because succession touches legal, tax, and family dynamics at the same time.
Related reading
5 Structural Risks Facing Family-Owned Construction Companies (And How to Close Them)
The five gaps that show up most often in family-owned construction businesses, why each one matters, and who should be involved in closing it.
Read the article
Wealthtender Five-Star Financial Coach
Jason P. Berube, President & Founder
Cornerstone is based in Beverly, Massachusetts and works with construction and trade owners across the North Shore, Greater Boston, and beyond.
Where we workQuestions about this service
The short answers.
How early is too early?
It is very hard to start too early and very common to start too late. The work that makes a transition go well takes years, not months.