Succession planning

In May 2021, Rental Management magazine published a series of articles focused on how to prepare for a successful transition. Throughout the articles, finance experts and those who have purchased or sold equipment and event rental businesses share information and advice to help those looking to enter the industry, expand or exit the business.

Below is each article from the issue’s cover package — “Planning ahead”:

Planning ahead — How to prepare for a successful transition

Planning for an exit strategy

What you need to consider before entering the rental industry

Setting a value for a business: It’s more than just profit and loss

Meeting everyone’s transition timetable can be tricky

Legacy plan worksheet

Benefiting the team

Understand your ‘non-negotiables’

Shifting plans due to the pandemic

What to expect with an equity investor

Employees’ dreams are becoming reality