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SPARK YOUR THINKING!
SPARK YOUR THINKING!
Welcome!
Junction Point Inc. is an independent advisory firm working as a Thinking Partner for Family Enterprises and Business Owners. Specializing in communication and transition planning particularly around the complexities of multi-generational succession and continuity.
DECISION TIME
Many family & non-family business owners are arriving at a JUNCTION POINT, a proverbial fork in the road.
According to recent statistics a high volume of businesses will be changing hands within the decade.
As business owner have you considered this and what do you plan to do about it?
AVOID BECOMING A STATISTIC
*SURVIVAL
Only 30% of Family owned businesses transition to the second generation.
*THE UNEXPECTED
50% of businesses transition unexpectedly due to Death, Disability, Divorce, Distress or Disagreement.
*NO WRITTEN PLAN
83% of businesses have no written transition plan in place
*UNAWARE OF OPTIONS
66% of business owners are not familiar with all of their options for exiting their business
*REGRET
One year after transition, 3 out of 4 business owners "profoundly regretted" the decision.
What we do
We want to help improve those statistics.
Junction Point Inc. focuses on helping family and non-family businesses/enterprises. Through a defined process, we help bring clarity to your vision, identify the roadblocks in your way, assess options and design an achievable plan so you are always prepared to choose how and when you transition your business without regret.
Why we do it
I wish I had known what I know now.
Firstly, when my father passed 30 years ago I wish we had hired a Family Enterprise Advisor to be in our corner along with our trusted accountant and lawyer to help us think through the complexities of his estate that were unrelated to law or accounting.
Years later, when I sold my business in 2016, I certainly would have benefitted from hiring an Exit planning specialist.
Given this, I have combined education in both of these areas and my goal is to impart my knowledge, lived experience and training to guide a family business where complexity, uncertainties and doubts collide when family, business and ownership intersect. Or to help guide your understanding in how to build a valuable company to transition from when you are ready.
We help you "think across time" or in "Stages & Ages"
Approach
INSIGHT, FORESIGHT, OVERSIGHT
INSIGHT: A comprehensive discovery consultation with us helps identify your "junction point" and spark your thinking.
FORESIGHT: Specific tools are used to provide clarity about the key drivers affecting the value within your business, your preparedness and readiness to transition when and if you wish or to help your family build their "What & Why" clearing the path to support the "Who & How"
OVERSIGHT: Ongoing & regular assessment can help unlock and accelerate value in your business or family situation providing you with greater knowledge and understanding for your next steps.
Our Partners
Copyright © 2024 Junction Point Inc. - All Rights Reserved.
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