The Five-Year Plan: A Clear Path to Family Business Succession

By Craig A. Toberman, CFA, CPA, CFP®, MBA

Step away from your business with confidence, financial security, and a legacy that lasts.

If you are a family business founder preparing for your next chapter, this book is your essential guide to family business succession, retirement planning for business owners, and developing a successful exit strategy for your small business.

In The Five-Year Plan, Craig Toberman draws on years of experience as a wealth manager, CPA, and advisor to family business owners and retirees. He offers a clear, practical roadmap for succession planning for business owners who want to grow their net worth, protect what they have built, and preserve family harmony.

What You Will Learn in This Family Business Succession Planning Book:

• How to build a personal financial plan that supports your retirement goals
• How to increase the value of your business before you transition
• How to reduce confusion and conflict within your family
• How to choose the right successor or explore the option of selling a family business
• How to design a fulfilling life after your business exit

Each chapter covers one milestone in the five-year succession journey and ends with an actionable checklist to help you take meaningful steps forward.

Whether you are exploring succession planning for a family business, preparing for retirement, or selling a small business, this book will help you navigate the process with clarity and purpose while creating a legacy worth celebrating.