From Owner to Owner: Business Transition Lessons

Buying the business is one thing.

Transferring it into your name — operationally, legally, practically — is another.

In this office hours, we get tactical about what transition planning actually looks like in the first days after closing.

We hear firsthand stories from Lab members about things like:

• Opening new bank and payment processor accounts
• Transferring merchant services and phone systems
• Moving registrations, utilities, and insurance into your name
• Setting up payroll and employee benefits
• Navigating access to systems, passwords, vendors, and subscriptions

You’ll hear real lessons learned from Lab members about what surprised them, what went smoothly, what didn’t, and what they would plan differently next time.

This session will help you avoid unnecessary friction during one of the most sensitive phases of ownership.