Succession Planning: Are you prepared?
The Future of Your Family Business Depends on Careful Planning.
70% of family business owners want to pass their company on to the next generation. Yet only 30% succeed, often due to insufficient preparation. According to the Conway Center for Family Business, 40.3% of family business owners plan to retire, but fewer than half of those within five years have selected a successor. Early planning ensures a smooth, strategic, and stress-free transition, protecting your legacy and securing your family's future.
Start by Assessing Your Readiness
These statistics are not only surprising but also preventable. That’s why we have developed a comprehensive Succession Readiness Assessment so you can gain an objective perspective on how ready your business is for succession—and where to focus your efforts to ensure a smooth handover to the next generation.
This survey aims to assess your organization’s readiness and give you visibility of where you stand in the succession process as well as in what areas you could focus more.
At the end of the survey, you'll have the opportunity to book a free, one-on-one call with Chris Yonker to review your detailed results and discuss the best steps forward for your organization. Don't miss out on this valuable chance to enhance your succession planning strategy!