When starting out, business owners are not looking at the end game.
Much less is there thought of engaging in succession planning. After all, isn’t succession planning for when the end in near? That is where most business owners make their mistake, thinking succession is only about exit strategy, estate planning and retirement. And they leave so much on the table that could help their business grow and fulfill their vision
Click the following link to read Kendall Rawls’ article on the Multi Unit Franchising’s website titled: Succession Planning is More Than Your Estate and Exit Plans
Read the article and then contact us to get some insights on your own scenario. Even if you don’t become a client, 15 minutes with us may help you save years of headaches. Contact Us
The Succession Matrix
Preparing a business to transition from one generation to another requires focus on 10 key areas which we call the Succession Matrix. Click the following link for more drill down resources on The Succession Matrix
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