Whether you are starting your business, taking it to the next level, or ready to retire, you need to prepare for the future management of your company. Planning for your business to function without you is a step toward successful business growth.
Compass Points is a quarterly newsletter providing information on various business strategies. Visit the site to read about the benefits of succession planning and the pitfalls to avoid.
Deloitte & Touche is a leading professional services firm providing accounting, tax, and management consulting services. Prepare your senior management for a smooth transition with this article from its Company Services Guidebook series.
PricewaterhouseCoopers, another leading financial services and management consulting firm, conducted a study of the succession strategies of 300 privately held businesses. View the survey results to help you make decisions for the next generation.
Bizjournals.com's article "Analysis Important to Succession Plan" points out the need for pre-planning analysis for successful transition within a family business. Author James Lea suggests that "cleaning out the family closet" is the first step in the process.
Familybizz.net provides a forum to share ideas and knowledge to help family businesses achieve their goals. The site provides planning and offers options for business transitioning within the family.
