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Transferring Ownership

How to transfer business ownership to another team member

Written by Hayden Zammit Meaney

Transferring Ownership

The Owner role is the highest level of access in Launchpad. If your business is changing hands, or you need to designate a new primary account holder, here's how to transfer ownership safely.

What the Owner controls

The Owner has unique capabilities that other roles don't:

  • Billing and subscription — manage payments and plan changes

  • Organisation deletion — can delete the entire organisation

  • Ownership transfer — only the Owner can transfer the Owner role

  • Ultimate authority — cannot be removed or demoted by others

When to transfer ownership

Common scenarios for ownership transfer:

Scenario

Action

Selling the business

Transfer to new owner

Retiring from the business

Transfer to successor

Changing business structure

Transfer to new entity representative

Original owner stepping back

Transfer to operations manager

Temporary handover needed

Consider Admin role instead

Before you transfer

Ensure the recipient is ready

They should be an existing team member with Admin role

They understand the responsibilities of ownership

They have access to billing information

They're prepared to take on ultimate accountability

Review what transfers

Complete control of the organisation

Billing responsibility and payment methods

All Owner-only permissions

The ability to delete the organisation

What doesn't transfer

The previous Owner's personal Launchpad account

Other organisations you may own

Your personal login credentials

How to transfer ownership

Find the team member who will become the new Owner

Click on their row to open their profile

Click the three dots menu

Select Transfer Ownership

Review the transfer details:

- What the new Owner will control - What you'll retain (Admin access)

Enter your password to confirm

Click Transfer Ownership

You'll be asked to confirm one final time before the transfer completes.

After the transfer

For the new Owner

  • You now have full control of the organisation

  • Review Settings > Billing to understand payment setup

  • Confirm you can access all areas of the organisation

  • Update payment details if needed

For the previous Owner

  • You're automatically assigned the Admin role

  • You retain full operational access

  • You can no longer access billing or transfer ownership

  • You can continue working normally in the organisation

What if you want to leave entirely?

If the previous Owner wants to leave the organisation:

  • Complete the ownership transfer first

  • The new Owner can then remove you

  • Or you can remain as Admin if desired

Ownership transfer checklist

Before transferring, work through this checklist: Preparation: ☐ New Owner is an existing team member ☐ New Owner understands their responsibilities ☐ Billing handover is arranged ☐ Business documentation is updated Transfer: ☐ Transfer completed in Settings > Team ☐ New Owner can access all features ☐ Billing details updated if needed Post-transfer: ☐ Previous Owner's role confirmed (Admin or removed) ☐ Team informed of the change ☐ External stakeholders notified if relevant

Emergency ownership transfer

If the Owner is unavailable and you need to transfer ownership urgently:

  • Contact Launchpad support

  • Provide proof of authorisation:

- Business registration documents - Legal authorisation to act on behalf of the business - Identification documents

  • Support will verify and assist with the transfer

This process takes longer and requires thorough verification.

Common questions

Can I undo an ownership transfer?

Yes, but only the new Owner can transfer ownership back to you. Ask them to follow the same transfer process.

What if the new Owner is not responsive?

Contact Launchpad support with documentation proving your authority over the business.

Can there be multiple Owners?

No. Each organisation has exactly one Owner. If you need to share top-level control, make the other person an Admin.

What happens to billing during transfer?

  • Existing payment methods remain active

  • The new Owner can update them

  • No interruption to your subscription

Do I need to inform anyone?

Launchpad notifies:

  • The new Owner (email confirmation)

  • The previous Owner (email confirmation)

  • Other Admins (notification in-app)


Legal considerations

Ownership transfer in Launchpad:

  • Transfers system access and control

  • Does not constitute legal business transfer

  • Should accompany proper legal business transfer documents

  • Consult your legal adviser for business sales

Security during transfer

The transfer process includes:

  • Password confirmation from current Owner

  • Email notifications to all parties

  • Activity log entry

  • No way for non-Owners to initiate transfer


A smooth ownership transfer ensures your business continues running without interruption.

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