{"id":5930,"date":"2024-07-23T21:10:23","date_gmt":"2024-07-23T21:10:23","guid":{"rendered":"https:\/\/forbes.co.il\/e\/?p=5930"},"modified":"2024-08-08T17:21:23","modified_gmt":"2024-08-08T17:21:23","slug":"planning-ahead-who-will-run-your-business-in-the-next-generation","status":"publish","type":"post","link":"https:\/\/forbes.co.il\/e\/planning-ahead-who-will-run-your-business-in-the-next-generation\/","title":{"rendered":"Planning Ahead: Who Will Run Your Business in the Next Generation?"},"content":{"rendered":"\n<p class=\"has-text-align-center has-vivid-red-color has-text-color has-link-color wp-elements-8912030f20afa905bfc2bb2d574ca421\"><em><strong>ForbesPro<\/strong><\/em><\/p>\n\n\n\n<p>As business owners look ahead, many naturally begin planning for the future, often aspiring to leave a lasting legacy. However, navigating the complexities of running a business is challenging, and amidst daily responsibilities, time can easily slip away. Unexpected issues can arise, requiring tough decisions without the luxury of extensive preparation. Novastone Capital Advisors (Novastone) offers a unique alternative, providing answers to these strategic questions and easing some of these difficult decisions.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.novastone-ca.com\/blog\/blog.php\">Novastone Capital Advisors<\/a> offers a strategic pathway to sustain and enhance the growth and legacy of SMEs (Small to Medium sized Enterprises). CEO Christian Malek explains, &#8220;Our mission is to assist family-owned businesses in successfully transitioning to new owners and leadership, especially when no family member is available to take the reins.&#8221;<\/p>\n\n\n\n<p>Central to Novastone&#8217;s approach is their expertise in matching skilled executives with businesses facing succession challenges. Malek highlights the dilemma many families encounter, balancing growth aspirations with the continuity of family ownership. &#8220;Successfully transitioning these businesses to new leaders who can manage change and future growth hinges on attracting top talent,&#8221; he notes.<\/p>\n\n\n\n<p>At the heart of their services is the Entrepreneurship Through Acquisition (EtA) program, a specialized process connecting investors with highly capable and industry experienced entrepreneurs seeking to locate, acquire, manage, and grow a privately held company. This program emphasizes mutual benefit, profitability, and growth for all parties involved in the transition. As Malek underscores, &#8220;Our program meticulously selects individuals with the skills to effectively operate and expand businesses through a proprietary Talent Identification and Selection Process.&#8221;<\/p>\n\n\n\n<p>Partnering with Novastone means handing over to a strong executive backed by a team of seasoned professionals adept in talent acquisition, M&amp;A, legal, and investor relations. Their collective experience ensures a seamless transition that allows your business to thrive long after your tenure.<\/p>\n\n\n\n<p><a href=\"https:\/\/novastone-ca.com\/news-resources.php\">Novastone Capital Advisors<\/a> empowers businesses to achieve greater heights than imagined. Managing Partner, Daniel G\u00e4rtner affirms, &#8220;Our program offers participants opportunities that redefine their professional trajectories and pave the way for entrepreneurial success.&#8221; With Novastone by your side, you can confidently plan for a prosperous future and a seamless transition, trusting in their expertise to transform your legacy into a thriving enterprise for future generations.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-vivid-red-color has-alpha-channel-opacity has-vivid-red-background-color has-background\"\/>\n\n\n\n<p class=\"has-vivid-red-color has-text-color has-link-color wp-elements-f6942179edbfe79054c1b48ef0984e45\"><em><strong>ForbesPro is Forbes Israel\u2019s Promotional Content Brand<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ForbesPro As business owners look ahead, many naturally begin planning for the future, often aspiring to leave a lasting legacy. However, navigating the complexities of running a business is challenging, and amidst daily responsibilities, time can easily slip away. Unexpected issues can arise, requiring tough decisions without the luxury of extensive preparation. Novastone Capital Advisors [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":5932,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-5930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forbespro"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Planning Ahead: Who Will Run Your Business in the Next Generation? - Forbes Israel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/forbes.co.il\/e\/planning-ahead-who-will-run-your-business-in-the-next-generation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Planning Ahead: Who Will Run Your Business in the Next Generation? 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