Do you know the difference between an SIT and an SIC?

Do you know the difference between an SIT and an SIC?

 

When planning a transition, the most important factor in valuation is the strength of your management team.

 

If you intend to sell your company to family or employees, a Successor in Training (SIT) is someone you are grooming to assume your role.

 

If your objective is a third-party sale, a Second In Command (SIC) is the one who will be supporting the new owner.

 

They are very different, but both require that you have a clear transition strategy. Take our assessment today and let’s discuss your objectives. Click here >>>

 

Gary Brunson
gary@myclearfocus.com

Debra Rider
debra@myclearfocus.com

574.361.2674

Sustainable Growth & Profit Consultant, Coach, Mentor and Counselor/Therapist for Business Owners and Professionals.