Tuesday May 16, 2023

How to Create a Business Succession Plan

Picture this: You've poured your heart, soul, and countless hours into building your business from the ground up. It's your baby, your pride and joy. But what happens when it's time to retire, to move on to a new venture, or take an extended break from your business at short notice? Do you have a plan in place to ensure that your business can continue to thrive without you?

That's where business succession planning comes in, and today we're going to dive deep into this essential topic.

What I Talk About In This Episode:

In this episode, we'll walk through:

  • What a business succession plan is.
  • Why you should create one.
  • What to include in your succession plan.
  • The ideal time to create a succession plan.
  • How to create a business succession plan.
  • Things to avoid.
  • My success tips for creating a robust succession plan.

Prefer To Read?

Check out the full transcript and show notes at:

 

Work With Me

Do you feel ready to take things to the next level, but your current growth strategy isn't cutting it anymore? Are you tired of feeling like you're stuck in a rut and in desperate need of a fresh and exciting approach? If so, it's time to shake things up and revamp your growth strategy from top to bottom! 

https://www.lorbradley.com/strategy-build

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