What is a succession plan? A succession plan is a strategic process designed to ensure a smooth transition of leadership and management within an organization, typically from one generation of leaders to the next or from one set of key individuals to their successors. It involves identifying and developing potential leaders, creating a clear roadmap for the transfer of responsibilities, and ensuring the continuity of the organization's mission, values, and operations while also protecting the business's value.
Your business represents a significant part of your estate, ensure you have a plan in place to know what will happen to your businesses when it needs to be passed on.
Join on-demand to learn succession plan options, best practices, and legacy strategies.
Speaker(s): David Greene
Co-Sponsor(s): First Covenant Trust & Advisors
Fee: No Cost