Challenges and Solutions for Internal Transfer | YBYL Podcast EP 111

Internal transfer of a business might seem like the ideal way to keep your legacy alive—but without a clear plan and the right guidance, things often fall apart.

In this episode, Matt DiFrancesco explores one of the most overlooked — and often misunderstood — succession strategies: the internal transfer. Whether to family members or key employees, transferring your shop internally presents unique challenges. But with the right planning, it also offers the opportunity to preserve your legacy, take care of your people, and avoid the emotional and financial pitfalls that come with selling to a third party.

Join Matt as he shares real stories, generational insights, and practical frameworks to help you decide whether an internal transfer is right for you — and how to execute it well.

Matt also talks about:

(01:09) Why selling to a third party may not be your best option
(03:07) The value of generational businesses
(04:08) Why the next generation doesn’t want what you had
(06:26) Redefining ownership to attract leaders
(08:09) How to balance family dynamics in an internal transfer scenario
(09.08) How to choose the right successor without creating resentment
(10:26) Why working with a certified exit planner can make all the difference


Connect With Matt DiFrancesco:
[email protected]
(814)201-5855
LinkedIn: Matt DiFrancesco
LinkedIn: High Lift Financial
Facebook: High Lift Financial
Instagram: @high_lift_financial
YouTube: @highliftfinancial


Disclaimer:
All information is obtained from sources deemed reliable, but not guaranteed. No tax or legal advice is given nor intended. Content provided herein or on our website should not be construed as an offer for investment advice or for securities, insurance, or other investment products. Investments involve the risk of loss and are not guaranteed. Consult a qualified legal, tax, accounting, or financial professional before implementing any investments or strategies discussed here.

High Lift Financial is a DBA for DiFrancesco Financial Concierge, LLC. Investment advisory services are provided through Cornerstone Planning Group, LLC, an independent advisory firm registered with the Securities and Exchange Commission.