Parachute360 is an emergency and change preparedness platform for small businesses. With P360 it is simple for business owners to store and share their key operating data in one place in order to be organized, and to prepare for growth, exit or emergency.
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I could not be happier to announce the launch of Parachute360.com. Parachute360 is a succession and change preparedness platform for SMB's. The platform enables business owners to be "Always Prepared" by taking institutional operating knowledge out of the head of the owner and key employees, and into a single vault where the information and be shared and acted upon.
Why did I create Parachute360? 83% of owners have no written transition plan. 48% of owners have done no succession planning at all. The average business owner has 80% of personal/family net worth in the business. With 10,000 baby boomers turning 65 every day and trillions in wealth at stake, planning has never been more important. In my consulting practice, I have seen so much wealth destruction simply due to poor or non-existent planning. So I decided to do something about it.
Parachute360 makes it easy to be prepared. By organizing your business on Parachute360 you are prepared to grow, to sell, to have peace of mind, and to thrive in emergencies.
The product is free for a single user. Please give it a try!
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Great product - easy to use, more cost-effective than insurance and provides even more peace of mind. Perfect for any business owner to protect the viability of their most important asset.
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Amazing tool. A better and more impactful form of insurance. Really a must have for small business and really any business owner.
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I'm really looking forward to using this - given the current macro economic context any solutions that help manage uncertainty are hugely valuable.
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This service helps to reduce the stress and anxiety of protecting your loved ones in case of illness. It offers peace of mind..
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Having taken over the family's business following the death of the patriarch, I am intimately familiar with the challenges facing a sudden unexpected turn of events. Parachute360 would have addressed virtually all of my needs had it been in existence at the time of my father-in-laws passing. I personally spent hundreds of hours learning about his business, meeting with employees, vendors, customers, lawyers, accountants, bankers, etc. all on an "emergency basis". Little information was readily available and the very real possibility of millions of dollars in value being lost appeared to be the likely outcome. Parachute360 helps organize a business owners critical operating information to allow for a much more seamless transition in the event of a catastrophic incident. With a tool like this finally available, a business owner would be foolish NOT to take advantage of such an outstanding business offering.
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Great product, solid founder. I am looking forward to using this with my clients and team.