In 2024, SpaRetailer offered a series of articles and webinars on succession planning. Past webinars can be accessed below.
The SpaRetailer Podcast
Succession Planning Episodes
Webinar Series
Transitioning to a Family Member
February 28, 2024
Starting Your Family Succession Plan
Want to hand your business off to a family member? Want to take over the business from your parents? Listen in as family business expert Elle Hansen and spa industry veteran Jeff Bassemier discuss how to start the process.
March 20, 2024
Family Business: Moving from Planning to Handover
You’ve got the basics of your family’s succession plan in place, but now what? We go over some of the ways you can structure the transition and how to get started. Family business expert Elle Hansen and spa industry veteran Jeff Bassemier join us again to discuss options.
Employee Stock Option Plans
April 17, 2024
ESOP Basics
What is an employee stock ownership plan? How does it work and is it right for your business? Hot tub industry veterans Jim Van Fleet (Mainely Tubs) and Mark Stevens (Georgia Spa Company) join us to discuss their experiences and knowledge from converting their businesses to ESOPs.
June 12, 2024
After the ESOP
The paperwork is signed and now the real work begins! How do you inform and educate your employees, set up a board? What does your life look like after you’ve sold? Our three experts (Jim Van Fleet, Mark Stevens and Phillip Hayes) share their experiences.
May 15, 2024
ESOP Process
Think an ESOP might be the right path for your business but not sure what to expect? Our three experts (Jim Van Fleet, Mark Stevens and Phillip Hayes) will walk you through the entire process so you can be prepared.
Internal Succession
July 17, 2024
Finding the Right Person
Is there someone in your business who would make a good successor? How do you develop that person and set them up for success? If you don’t have the right person, where do you find them?
August 14, 2024
Structuring a Deal
No matter if it’s an employee or family member, if you’re selling to an individual chances are the owner will need to hold at least part of the note. How do you put a deal together so all needs are met and the business thrives?
Finding an Outside Buyer
September 25, 2024
Finding an Outside Buyer
So you don’t have a family member of employee to be your successor — where do you look now? Kelly King, former owner of Mountain Hot Tub, shares how he found a buyer for his company.
October 16, 2024
Finding an Outside Buyer
Jeff Bailey and Brian Quint both sold their businesses to Leslie’s. The two join us to share their experience selling going through the process of securing an outside buyer for their businesses.