The Family Business Pre-Succession Planning Checklist

Don’t Leave Your Family’s Future to Chance! As the leader in a family business, you already know that succession planning or eventual transition is somewhere on your horizon. There’s no getting around it. It may be looming directly in front of you. It may be somewhere far enough down the road that you haven’t given it much thought. If either are true for you, keep reading.  The truth is, ensuring a smooth transition of leadership is a long-term project. Preserving the legacy of your company for future generations and stakeholders begins long before most families think it does. Beginning your pre-succession plan even five to ten years before the transition of leadership is ideal. Yes… five to ten+ years early.  …