Join John Barton and Scott Hess as they dive deep into succession planning for small businesses. Inspired by Bob Iger's transition at Disney, they explore the critical differences between corporate leadership changes and small business exits. Learn why most small business owners fail to plan their exit strategy, discover the five common transition methods, and get practical steps to prepare your business for sale or transfer.

Key Topics: The "two-week test" to assess business readiness Common bottlenecks that prevent successful transitions Family transfers vs. third-party sales Why documentation and SOPs are crucial Real-world examples of successful and failed transitions

Timestamps

0:00 - Introduction and kitchen renovation woes

2:42 - Show intro and topic introduction

3:24 - Bob Iger stepping down as Disney CE ...