Succession Planning and How To Exit Your Landscape Company

Landscape Disruptors

So you've built a successful landscape business that services an extensive list of customers, but your ready to retire and not sure how to exit the business, sell the company, or successfully transition the business to a new owner.

Most landscape owners that have been in the business for an extended period of time actually end up in this position more than you might realize. It's the exact reason why LMN CEO Mark Bradley and Ron Edmunds from the Principum Group sat down for a conversation on Landscape Disruptors.

Throughout this episode, Mark and Ron cover mergers and acquisitions, how to build value within your landscape company, how to evaluate your business for what it may be worth, and how to potentially sell your landscape company when you are ready to retire.

But what is succession planning exactly? Succession planning is a process for identifying and developing leaders within your landscape company who can replace the old guard when they leave or retire. This process usually ensures the company can live on successfully long after the owner has exited the business.