Ownership Transition Support
What is transition support? Transition support from The Exit School helps new owners take over a business smoothly after closing. We help you build a 90-day plan, work with the seller during the handover, keep employees and customers confident, and start on the growth levers from your business plan.
Who it's for
- Buyers approaching closing or in their first three months of ownership, and sellers who want their team and customers to land well.
What's included
- A 90-day ownership plan covering your first three months as owner, built 1:1 with a coach
- Seller handover planning: training period, introductions to key customers and vendors
- Communication plans for employees and customers
- Prioritizing the growth levers from your business growth plan and pro forma
How it works
- Build your 90-day plan before closing.
- Agree on the seller's transition role and timeline.
- Announce the change to employees, then customers and vendors.
- Spend the first weeks learning before changing.
- Begin executing your growth levers.
Frequently asked questions
What should a new owner do in the first 90 days?
Meet every employee and key customer, learn how the business runs, protect cash flow, and hold off on big changes until you understand the business.
How long should the seller stay after the sale?
It varies by deal. Agree on the transition period, the seller's role and their availability in the purchase agreement.
How do I keep employees after buying a business?
Communicate early and honestly, keep pay and routines stable at first, and identify key people before closing.