Personal timeline
Define when you want to stop daily work, whether you are open to a transition period and which responsibilities you want to leave first.
A retirement date and a transaction date are not the same thing. Owners can reduce uncertainty by preparing the company, defining their preferred role after closing and building enough time for an orderly handoff.
Start a private conversationDefine when you want to stop daily work, whether you are open to a transition period and which responsibilities you want to leave first.
Clean records, documented processes and a capable team make it easier for another operator to understand the shop.
Decide what matters most among employees, customers, brand identity, community presence, timing and transaction structure.
Tax, legal and financial advisers should evaluate the personal consequences of any proposed transaction before commitments are made.
These materials help make an exploratory conversation more useful. They do not need to be perfect before you reach out.
Not necessarily. The appropriate transition depends on the shop and the agreement, so an owner should state their preferred level and length of involvement early.
No. Earlier preparation can reduce owner dependence and create more options even if retirement is several years away.
No. Owners should use their own qualified tax, legal and financial advisers for advice specific to their situation.
Starting a conversation does not commit you to a sale. Share only enough to help the South Florals team understand your question and preferred next step. Ask what protections apply before providing sensitive records.
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