Components of a Good Business Succession Plan by Olufisayo April 18, 2011 published by Olufisayo Published: April 18, 2011Last Updated on September 13, 2021 0 FacebookTwitterPinterestLinkedinWhatsappEmail Related Articles 5 Ways to Hire & Scale Quickly for... November 30, 2022 What the Sport of Ping Pong Taught Me... November 15, 2022 The Value of Networking as an Entrepreneur October 3, 2022 Different Types and Methods of Bookkeeping Systems August 17, 2022 Benefits Rendered By Bail Bond Service August 10, 2022 5 Benefits of Promoting Your Business With Custom... July 27, 2022 Adam J Clarke and the Daily Habits of... July 25, 2022 Give Your Garden a Touch of Potager for... July 16, 2022 4 Qualities to Look For In a Video... July 14, 2022 How to Prepare for Life as an Entrepreneur June 27, 2022 7 comments doug_eike April 18, 2011 - 2:58 PM The exit strategy is important because sometimes the owner is not ready to completely phase out or is such an important part of the business that it’s risky to lose the knowledge, history, and experience too abruptly. Your points are valid. Good article. Nathan Pope April 19, 2011 - 9:00 PM While the exit strategy is important to consider, not every successfully exited business begins with an exit strategy in mind. Contingency planning and a strong attention to metrics are vital to the growth of any business. Picking the right numbers to pay attention to is a mandatory skill to long term sustainability. Either learn how to do it right or die trying. Howie April 20, 2011 - 7:31 AM Outstanding blog post, and very thorough. On a side note, do you mean for your infolinks to appear in your website tagline? No biggy, if you do…just different from what I typically see… Sam @ Free Business Listing April 25, 2011 - 10:45 AM These are good points on Business Succession Plan. Thanks for sharing. EndGame Success | Components Of A Good Business Succession Plan March 30, 2016 - 3:53 PM […] Sourced through Scoop.it from: https://www.entrepreneurshipsecret.com […] 10 Things You Need To Do Before Starting A New Business September 2, 2016 - 9:24 AM […] Components of A Good Business Succession Plan […] 30 Precious Entrepreneurial Articles You Need To Read and Share April 4, 2018 - 9:27 PM […] 23. Components of A Good Business Succession Plan https://www.entrepreneurshipsecret.com/components-of-a-good-business-succession-plan/ […] Comments are closed.