About Business Transition Consulting LLC

Business Transition Consulting LLC (BTC) helps business owners through the maze of business ownership problems by helping to define and articulate personal and business values, set business and personal goals, identify action plans to accomplish those goals, initiate the action, execute the plan, and analyze the result.

BTC emphasizes the process of making good decisions, making sure to involve both personal and business aspects in the decision-making process.

BTC works to empower business owners to make timely decisions based on careful planning and conviction, rather than deferring matters indefinitely.

Business Transition Consulting LLC (BTC) offers services customized to meet each client’s needs, with sensitivity to the qualities that make each person and business unique.

For partners or co-owners who have different values or visions, BTC can facilitate better communication and cooperation. A common benefit results from coaching engagements – important goals become clearer and gain priority, while obstacles become less obscure and formidable.

Change is difficult. For companies that are closely-held, middle-market, professional service, or family-owned the problem is similar: businesses leaders must overcome inertia or procrastination and plan for transition. This planning involves difficult issues that must be faced not avoided. There are barriers that keep owners and managers from perceiving reality.

BTC facilitates a group decision-making environment to produce good decisions to create effective planning by helping owners define values and have meaningful conversations with one another.

An experienced business owner who is a consultant finding solutions for the problems of owners of closely-held (owner-managed) businesses, Rick works with business owners to focus on results that create wealth from ownership of a business interest.

Rick is a lawyer who practiced litigation and business law for over thirty years. As Principal Consultant of BTC, Rick addresses considerations such as business succession, asset protection, marital agreements, and wealth accumulation.

The free newsletter, Owning a Business, is written by Rick and is available on Substack.

Rick’s latest book is Implementing the Buy-Sell Agreement. This book is formatted to be quick and easy to read. It is a parsed treatment of a complex and difficult subject. It is designed to allow the reader, wanting to preserve the value of a business interest, increase it, and pass the value to heirs, to understand how to make a good beginning of the process. Click for more about the book.

Rick’s earlier book, Now What?, deals with the situation of the owner of a profitable business who wishes to build wealth by deriving maximum value from the business. Click for more about the book.

Rick’s book written as a guide for advisors is Business Succession Planning – Forms and Practice Manual, published by Data Trace Publishing Company. Click for more about the book. 

He is experienced in business transactions of all types and understands sophisticated estate planning. He has a special interest in the problems of family-owned enterprises. He is experienced in transactions involving the sale and acquisition of businesses and has helped clients plan and accomplish mergers, tax-free reorganizations, and acquisitions. He assists clients in searching for appropriate businesses, accomplishes investigations of businesses, and implements acquisitions of businesses. Rick conducts presentations concerning business succession issues.