Presented by: Ryan Barradas
Description:
In this article, Ryan Barradas discusses why most succession plans fail and how an entrepreneur can avert planning disasters by following through on a succession planning process. All successions plans begin with the same goal of being successful for all parties involved yet some plans end up in failure. Most of these unsuccessful attempts could have been avoided if a plan has been drafted and executed. This article discusses the main pitfalls to be aware of when entering into a succession planning process.
Topics Covered:
- Ownership succession planning
- Identify how to plan for the unintended consequences
