Thoughts on Business Continuity Planning
With the current uncertainty and stress, it would be a good time to think through the elements of your Business Continuity Plan.
In Depth Look: Independent Audit and/or Valuation
The most successful growth and succession plans are those that ask tough questions during the planning process as opposed to during the ownership transfer.
In Depth Look: Coordinating Operations and Finances
Companies with strong operational and financial management don't always link the two core functions to facilitate better decision-making. Here are some thoughts on how to do that.
In Depth Look: Define Your Sales Process
You may wonder what your sales process has to do with succession planning. Keep in mind that the higher your profitability, the higher the value of your business.
In Depth Look: Building a Strong Management Team
The key to a successful business ownership transfer is to build the right management team. Here are 4 areas to address.
5 Growth Tips for a Successful Ownership Transfer
Planning for your ownership transfer should be an exercise in planning for strategic growth. Here are some tips to help you build a stronger company today to enhance the value of your company now and into the future.