Coaching business owners who fear leaving money on the table when it's time to exit. Every owner deserves to reap the full rewards of their hard work.
Don't let your family business be defined by inertia. Embrace these essential 4 tips from Kellogg on managing succession to ensure your enterprise thrives across generations: Start nurturing leadership ties early on to build an emotional link to your business. Plan the transition well in advance with transparency and set dates to empower the next in line. Time is of the essence — don't hold on too long, nor let opportunities pass by. Keep things clear and moving— be decisive and avoid the trap of business as usual. Your family's legacy is worth the careful management it takes. #recurringrevenue #familybusiness
Preserving the Heart of the SBA by Protecting the Guarantee
12moI've seen too many businesses tank over my career tenure because 'someday' was their timeline for transition. Business owners must learn from the mistakes of others Mark Mraz, MBA, Certified Value Builder Advisor