When Selling Doesn’t Mean Retiring: How to Make a Smooth Transition
Selling your funeral home doesn’t necessarily mean you have to retire immediately. In fact, most owners choose to transition gradually.
Selling your funeral home doesn’t necessarily mean you have to retire immediately. In fact, most owners choose to transition gradually.
By focusing on key areas, funeral home owners can position themselves more favorably in the eyes of potential buyers, increasing the likelihood of a successful sale that meets their objectives.
Despite the challenges of finding quality talent in the funeral industry, thoughtful strategies can help funeral home owners attract the best candidates.
Selling a funeral home is a time-consuming and emotional process. A successful transaction requires careful planning, experienced advisors, knowledge of the industry, and an understanding of the negotiation process.
Why partnering may be your most lucrative succession plan.
The team at NewBridge Group knows that one of the most significant decisions in your career will be to create your succession plan – that’s why our mission is to help you understand this process.
Based on our experience, there are several factors that can help make your funeral home more attractive, should you decide to explore a sale.
Brittney ‘s deep understanding of the day-in-the-life of a funeral director, a role many owners take on themselves, is key as she collaborates with owners on a customized succession plan.
A recent survey of former funeral home owners identify what they considered when selling. NewBridge recently surveyed a group of former funeral home owners who have sold their businesses in the last five years. Our intent was to gain insight into what former owners felt were the most important variables in their decision to sell
When you sell your business, life might be what you thought it was going to be like. But with NewBridge – and the right fit buyer – you can rest assured it was the right decision.