Pass It On: The Entrepreneur’s Succession Playbook of the McCabe Arch
Read A few Passages
When you build an airplane, for example, you often construct many of the components before final assembly. The same is true with the different components of an arch.
However, the unique aspect of an arch was that we continually build it from two sides. For a succession planning model to work, we needed commitment from the owner and the protégé. It was imperative that both sides complete their assignments with the ultimate goal of the finding—and resolving—the key issues that were represented by the various blocks.
The most important issue would be closure and was represented by the Keystone, which was the uppermost block placed in the model and held it together. The scaffolding could only be removed when the Keystone was permanently secured.
About The Author
Since 1982, Harry M. McCabe has guided private business owners through the succession process and the most important financial decisions of their lives.
He worked with private business owners as a pension plan administrator and financial advisor, and he assisted many family owned firms with ownership transfers as a trusted advisor.
“I draw upon the collective expertise of various organizations to create tailored solutions for each client without sacrificing my objectivity and client focus,” McCabe explains. “But I’m especially committed to clients who accept the planning process. We look to improve wealth accumulation plans, prepare for the orderly consumption of assets and the eventual efficient distribution of their estate.”
Read what others have to say:
“Harry knows his subject well and presented a practical, but little understood, concept in a most interesting way.”
When I met Harry McCabe for the first time, I immediately thought I wanted him to present his process at our new business startup center. After inviting Harry to tell me more about his services and how he helps business owners, I knew I needed to get him involved. We were very pleased to have Harry participate in Entrepreneurs Week this year. Harry knows his subject well and presented a practical, but little understood, concept in a most interesting way. Participant evaluations of this presentation were very positive and appreciative.
Kent Palmer, Business Librarian
Naperville Public Library
“The McCabe Arch provides the concrete form that is valuable to entrepreneurs”
“Pass It On” hits the target as a practical guide for succession planning. It is both insightful and relevant with respect to the struggles experienced in the succession planning process from the perspectives of all involved. The McCabe Arch provides the concrete form that is valuable to entrepreneurs as they address both objective and subjective challenges embedded in these issues.
“Playbook should be a must-read for every owner of a closely-held business”
Harry McCabe’s Pass It On: The Entrepreneur’s Succession Playbook should be a must-read for every owner of a closely-held business. His personal insights and real-life examples breathe life into a subject of great importance to every business owner. Advisors to business owners can also learn from Harry’s personal experiences in dealing with the transition of a business from one generation of ownership to the next.
“Easy to read and easy to follow”
“Easy to read and easy to follow, Harry McCabe’s book provides the technical building blocks of successful transition planning as well as the anecdotes to illustrate the realities of the process. These are invaluable lessons for anyone in a family business.”
“The book was terrific. I particularly liked the epilogue and found myself smiling at the end.”
“His personal stories helped to deliver the message”
“Harry did a nice job going through the various issues that business owners face. His personal stories helped to deliver the message. Readers should enjoy the different points and understand the collaboration needed to succeed.”