How many business owners do you know who actually have a succession plan in place if something happens? The answer is likely, not many people.<\/p>\n
It’s sad, but true, far too many people have no succession plan in place for their life’s hard work \u2013 their business. Whether it’s a succession plan or even an exit plan, it is imperative there be one in place for the future. This may shock you, but virtually 90% of businesses surveyed admitted they had no such plan in place.<\/p>\n
A few had a general idea that another family member (who no one had even spoken with yet) would take the business over or that someone in the future would buy it, which may or may not happen. Succession planning is far more critical than you may think and is important for the current state and future of your business. This goes to the heart of your (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" How many business owners do you know who actually have a succession plan in place if something happens? The answer is likely, not many people. It’s sad, but true, far too many people have no succession plan in place for…<\/span><\/p>\n