Sep 15, 2017
The ninth episode of Ask Andi series—short 15 minute podcasts every Friday where take a question and then offer tools, tips and strategies to help you re-think the issue and tackle it in new ways.
In this episode I discuss:
- The number of family firms in America and its impact on society and economy
- How many family firms are without succession plans
- The importance of planning succession early
- Why family firms don’t want to think about succession
- How family firms can start their succession plan with an external coach
- Things to consider for generational growth
- The importance of a selection process to choose a successor
- Why you should reaffirm your succession plan often
- Current owners working on their business rather than in it to stay involved
Resources Mentioned in This Episode: