The 12 Steps of Succession Planning

Succession planning is a natural process in a successful business and one that can (and should) be positive and empowering. The main focus will be to give an overview of the 12 steps of succession planning and provide materials and templates that will enable business owners to confidently begin the succession planning process. 

Topics will include:

Getting Started

1.  Determine the owner/manager commitment

2.  Consult and advise key stakeholders

3.  Set up governance structures

Gathering Information

4.  Assemble and analyze key documents

5.  Evaluate financial needs

Developing a Succession Plan

6.  Determine the vision for the business

7.  Determine successor selection process

8.  Design an estate plan

Implementing a Succession Plan

9.  Educate, mentor and communicate

10.  Restructure ownership

11.  Set up contingency succession plan

Reviewing Succession Plan

12.  Formal review and re-evaluation processs

Our program promotes engaging and effective components to enable your business to forge ahead and continue the legacy of your hard work as well as provide a livelihood for your successors.

Directions to the RancheHouse (Google Maps is incorrect!)

101 RancheHouse Road