Strogoff Consulting to the Design Professions
  • ABOUT
    • TEAM MEMBERS >
      • Michael Strogoff, FAIA
      • Karen Kauh, CPA
      • Mary Anne McKernie
    • COMPLETED ASSIGNMENTS
    • REPRESENTATIVE CLIENTS
    • WHAT CLIENTS SAY
  • SERVICES
    • OWNERSHIP TRANSITIONS >
      • Ownership Transitions Overview
      • Valuations
      • Completed Transitions
    • MERGERS & ACQUISITIONS >
      • M+A Overview
      • Valuations
      • Confidential Clearinghouse
      • Current M+A Opportunities
      • Completed Acquisitions
    • PRACTICE MANAGEMENT >
      • PRACTICE MANAGEMENT OVERVIEW
      • FIRM EVALUATIONS & ASSESSMENTS
      • MARKETING & BUSINESS DEVELOPMENT
      • STRATEGIC PLANNING & VISIONING RETREATS
      • FINANCIAL MANAGEMENT
    • LEADERSHIP TRAINING
    • TALENT & RECRUITMENT >
      • ATTRACTING, DEVELOPING & RETAINING TALENT
      • FINANCIAL STAFF RECRUITMENT
  • RESOURCES
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  • CONTACT

ownership transitions overview

Strogoff Consulting guides architecture, engineering, landscape architecture and other design professional firms through succession planning, internal and external ownership transitions.  As your advocate, we attract outside buyers, develop valuations, identify criteria for future owners, serve as an objective advisor to prospective owners and facilitate buyer-seller discussions.  With our guidance, owners have increased the value of their firms and ensured the continuity of their practices and the careers of their key staff. 

Internal Ownership Transitions
  • Developing a transition plan that supports a firm's overall strategic business plan
  • Developing ownership transition guidelines (timelines and phasing plans, purchase and payment options, buy-back mechanisms, governance and decision making structure)
  • Establishing criteria for future owners
  • Developing a preliminary valuation
  • Testing transition plans for long-term sustainability and flexibility
  • Determining governance and decision making structures
  • Determining buy-in and compensation mechanisms
  • Advising staff who are considering potential ownership
  • Providing input to firms' accountants and attorneys
  • Training new owners and assisting in implementing a firm's strategic plan

For related information, please see:
  • Valuations
  • Completed Transitions
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