A comprehensive strategy to get your business up and running should include planning for your own exit. As one of the founders, your departure will have a significant impact on the enterprise itself, your fellow business partners, your customers and your future. So, as counterintuitive as it may seem, how you plan to exit your organization is an important decision to make, even at your business’s onset. Take the time to work with a trusted professional to outline your succession plan so that you are prepared for whatever future you encounter.
Tag: successor
Seven Steps to Choosing a Successor for Your Family Business
Take extra care when choosing a successor to give your family business a fighting chance. Here are seven steps to consider.