To learn more about succession planning, check out my blog posts:
The relative attractiveness of your business to a potential purchaser will impact your overall valuation. The higher you score in this questionnaire then the higher the likely value of your business. The report should also be seen as a checklist of areas to improve upon before you try and sell your business.
If you dislike talking about estate planning, you will exponentially dislike talking about succession planning.
I have a workaround. Rather than looking at succession planning as the end game where you are looking at life
passing you by and loss of one's purpose, take a fresh look...
your values, financial & people resources.
your options and consequences
and implement your succession plan.
Financial language jargon creates dissonance accompanied by a feeling of powerlessness, which leads to financial paralysis. Finally, the language of money is singing a new song. Jaimie Blackman, Co-Founder & President, BH Wealth.
Get My Free Ebook