About Succeeding into Succession

What is a Succession Plan?

For business owners, a succession plan protects the company’s value, ensures continuity, and creates stability for employees, customers, and stakeholders.

What are should I consider?

Who will take over? How will the transition happen? What needs to be in place for the business to keep running successfully?

What does a succession plan include?

A strong succession plan typically includes: Identifying future leaders or a future owner; Training and developing those successors; Documenting key processes and responsibilities; Creating a timeline and transition steps; Preparing financial, legal, and operational details for the handoff.

What if I don't have processes documented?

You can use various tools found online or hiring an consultant with experience with process optimization and automation tools can be very helpful.

Do I have to use a Broker to sell my business?

While there are many For Sale By Owners in the market, the time and money it costs to market a business, identify qualified buyers, collate financial and legal documents, negotiate leases, and much more, an experienced Broker has systems and resources in place that make the process more efficient without risking business operations.

Who Is Katherine Quarfordt

Katherine is the founder of Hopepunk Transformations LLC located in Tomball, a suburb of Houston, TX. She has over 30 years of experience in industrial, municipal, hospitality, and real estate markets. From owning her own businesses to managing channel partners, Katherine’s leadership and tenacious problem-solving skills have consistently yielded increased profits and sustainable growth. Her diverse background includes:

20+ years in industrial/municipal B2B sales
8 years business owner/operator in hospitality industry
7 years in non-profit
11 years licensed with TREC

Business Consulting and Process Optimization services are available in Texas, USA, and internationally. Out team of expert coaches have experience in every industry in USA, Canada, and the Caribbean.

“Business is a Team Sport”

Credentials and Accolades

BA in Speech Communications, Minor in Economics from TAMU
Published in national industrial periodical
Published e-book
Certified Profit Acceleration Expert
Various National and State Real Estate Certifications
Speaker on award winning virtual summit
Owned & operated 5 businesses

Texas Licensed Broker
IBBA member
Texas WEAT member, Public Outreach & Communication
Committee
Texas Association of Realtors, Housing Initiative and
Professional Ethics Committees
Houston LEAD, Tomball Chapter

Connect with me on Linked

Message from Kat

I’m Katherine Quarfordt—most know me as Kat Q. With 40 years of cross-industry experience, my strength lies in simplifying complex problems and guiding people toward growth and profitability. Shaped by early challenges, I developed empathy and resilience that fuel mission today—no business left behind. Hopepunk Transformations grew out of this belief: setbacks are inevitable, but getting up again is what defines us. Inspired by my granddaughter’s tenacity and the ethos of hopepunk—choosing kindness, compassion, and cooperation as defiance against a harsh world—I’ve dedicated my work to helping businesses and people unlock their full potential. I look forward to partnering with you and getting to know you and your purpose!