Emergency plan per company
What happens day 1, week 1, month 1 if you're suddenly unavailable. Cash flow, decisions, communications.
Business succession
Business succession planning tool for owners who haven't had time
Emergency plan if you're out for a week, a month, or for good. Successor selection. Knowledge transfer. Cash flow continuity. 12 sections per company.
Most business succession tools are built for owners selling out at retirement. Most owners don't have that. They have a calendar, a few employees, customer relationships in their head, and zero documentation. Mylo's tool starts with what's actually urgent: an emergency plan for if you're out for a week (illness, accident, family emergency), a month (longer recovery), or for good (succession or sale). 12 structured sections per company. Multi-company support.
What you get
- Emergency plan first — usable in 6 weeks, not 6 years
- 12 sections cover succession, cash flow, key contacts, knowledge transfer, customer continuity, decision rules
- Multi-company support — separate plan per business if you own more than one
- Successor candidate evaluation — what to look for, how to assess, when to commit
- Knowledge transfer worksheet — the tribal knowledge in your head, documented
- AI Legal Consultant for succession-specific legal questions (5 jurisdictions)
How it works
1. Bootstrap one company
Name, structure, key roles. Mylo opens 12 sections; you fill in only the ones that apply.
2. Build the emergency plan first
If you're out for a week, who makes decisions? What's the cash buffer? Which contacts know to step in?
3. Map successors
Internal, external, sale. Mylo walks you through evaluation criteria for each path.
4. Document knowledge
Customer history, supplier relationships, "the way we do things" — the tribal knowledge that disappears with you.
Features
Successor evaluation
Three paths — internal promotion, external hire, sale. Criteria, timelines, common mistakes.
Knowledge transfer worksheet
Customer history, supplier relationships, software stack, "the way we do things". Outputs DOCX for handoff.
Cash flow continuity
Document recurring revenue, key contracts, payment terms, runway. Critical for a successor who hasn't lived the cash cycle.
Multi-company support
Separate 12-section plan per business. Common for owners with a holding company + 2-3 operating entities.
Excel export per plan
Bring to your accountant, lawyer, or board. Structured for professional review.
One subscription, every legacy tool
€9.99 / month. All four wings + AI Legal Consultant + 200+ article library. Cancel anytime; your data exports as DOCX / PDF / Excel and stays with you.
See pricing detailsHow Mylo compares
Where common alternatives fall short.
A succession consultant ($10K+)
The problem: Right for $5M+ businesses; overkill for solo or 5-person companies.
With Mylo: Mylo is €9.99/month, designed for the smaller business. Bring the output to a consultant later if needed.
Doing nothing because you're "too busy"
The problem: The most common pattern. Then a heart attack happens and the family inherits a mess.
With Mylo: Mylo's emergency plan is 6 weeks of work, not 6 months.
Generic business planning software
The problem: Optimised for growing the business, not preserving it.
With Mylo: Mylo focuses on continuity and transition — the questions general business tools ignore.
Frequently asked
I'm solo / freelance — do I need this?
Yes, in a lighter form. The emergency plan section covers what happens to client work, recurring revenue, and outstanding invoices if you're out for a week. Mylo skips the multi-employee sections.
Can I do this without telling my team?
Yes — your plan stays in the encrypted vault until you choose to share. Many owners build the plan privately first, then loop in 1-2 trusted people for review.
What about LLC vs S-Corp vs sole prop?
Mylo handles the most common US + EU structures. Tax + legal specifics defer to your accountant / attorney; Mylo organises the information they need to advise.
How does this compare to ESOP / family transition tools?
ESOPs are a specific transaction type for businesses ~50+ employees. Family transition tools are about formal generational handoff. Mylo covers the broader case: "what if I'm out, sudden or planned, for any reason".
Can I plan multiple companies?
Yes — multi-company support is built in. Each company gets its own 12-section plan, separately exportable.
Other tools
Start building your plan today
€9.99 / month. Encrypted vault. Cancel anytime.
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