For many business owners, succession planning and retirement planning are often placed on the back burner as an endless list of day-to-day obligations take precedence. However, a focus on long term succession goals is good business strategy as it provides a defined roadmap for the business. Further, much of a business owner’s wealth tends to be connected in the business, and a focus on succession can provide personal clarity and certainty.
This webinar will highlight the need for having a formal succession plan in writing with examples of missteps. It will also provide a guide for business owners looking to formalize the often-overlooked aspect of succession planning and implement a robust succession strategy, ensuring the continuity and success not only for themselves but also for their organization.
In this webinar you will learn the following:
A look at the state of business owner succession planning
Defensive catastrophic planning
Importance of planning for long term succession
Pro-active long-term succession planning
