Stepping away from your company
After you’ve put so much time and energy into growing your business and career, leaving your company can be a difficult task. There are things you can do to prepare for this time and make the process go more smoothly.
Every business will inevitably face a transition. You can be reactive and risk a result you won’t like—or strategically plan ahead and choose your outcome.
Business considerations
It’s important to have a plan and open lines of communication. It’s better to do business transition planning before it’s time to actually step aside, so that you can ensure you are preparing the next batch of talent effectively to promote a smooth leadership transition.
- If you are a private business owner, this could include business transition considerations pertaining to passing ownership and leadership of the company to the next generation. We can offer insights around that.
- If you are evaluating a sale of your business, we can work with you to prepare for the transaction and also provide thoughts around any offers that you receive.
Personal wealth considerations
Make sure you have a plan to support your lifestyle in retirement. Beyond that, it’s key to understand any retirement plans, equity plans or other benefits you’ll be receiving from your company. It’s important that you have someone in your corner who can provide thoughtful guidance during this time of transition—and our J.P. Morgan teams can help you.