Succession Planning
Passing a franchise from one generation to the next can be fraught with complexities. A smart succession plan will ease the transition.
Recent Posts in Succession Planning
Preparing a Smooth Exit Strategy
Will your kids take over the family business someday? Prepare today to ensure a successful transition tomorrow.Handing Over the Family Business
BY Rod Walsh
How to decide which child will take the reinsGiving Stock to the Next Generation
BY Patricia Schiff Estess
Are you gifting stock to the younger generation for the right reasons?Selling the Family Business
BY Patricia Schiff Estess
Is it time for the family and the business to go their separate ways?When Your Parents Want to Retire
BY Patricia Schiff Estess
When your parents are ready to leave the family business, be there to help them.Getting Management Help From the Next Generation
BY Patricia Schiff Estess
In order to roll with the times, family business leaders must rely on people other than themselves-their successors.Business Mentoring for Your Kids
BY Patricia Schiff Estess
Nonfamily mentors may be the best way to prepare the next generation.Creating a Strategic Plan for Growth
BY Patricia Schiff Estess
Before focusing on succession, develop a strategic plan for growing the company.Don't Miss
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