Succession

Succession planning is a big decision and not one to be made lightly.  Thinc can help you understand all of your ownership and leadership transition options.  Thinc works with you to gain an understanding of your long-term goals.  We develop options for consideration and make recommendations based on the information you provide.  

Feasibility Study for Internal vs. External Transition

Thinc helps you analyze your transition options. What options are available and what is best for you?

  • Merge
  • Sell (both internal and external)
  • Employee Stock Option Plan (ESOP)

Thinc provides you with modeling that details a planned strategy to reach your goals. Our objective is to help you make the best decision for you, your team and your business.

Valuation

Our team of dedicated professionals provide strategic business valuation services and calculations for both internal and external valuations of the business.

Leadership Transition Planning

The leaders and management in your company will be responsible for executing corporate strategy, as well as any strategic changes to your short and long-term business plans. To support this, we provide a range of specialized leadership training services to guide your company leaders in the right direction.  We also have milestone check-ins to determine if the leadership transition plan is working.

As organizations grow and evolve, leadership must keep up with the changing organization.  Thinc Strategy will customize a leadership development or transition plan specific to your organizational needs. Thinc utilizes DiSC, FIRO B, Myers Briggs, and other personality assessment tools as requested.

Improving business leadership and performance often requires some guidance and mentoring along the way. Our team possesses the insight, experience, and skills needed to kick start your transition plan.

Employee Stock Ownership Plans (ESOP)

An Employee Stock Ownership Plan (ESOP) is the government’s way of compensating business owners who sell to their employees by making stock contributions tax-deductible. It’s also a way of giving employees the opportunity to buy when they can’t outright afford to buy out the owner through shared ownership. Through this plan, business owners can set up a trust fund to cash out of the business by transferring ownership to employees, allowing employees to cash in on stock to hold equity in the company. It’s a win-win exit strategy that is proving to serve both parties, improving and expanding on the success of your business.

Thinc Strategy can assist your business with analyzing if an ESOP is right for you and if so, facilitate the process of converting to either a partial or full employee owned company.