Components of a Good Business Succession Plan by Olufisayo April 18, 2011 written by Olufisayo Published: April 18, 2011Last Updated on September 13, 2021 0 FacebookTwitterPinterestLinkedinWhatsappEmail Related Articles Six Essentials for the Beginner Entrepreneur December 30, 2021 Is Full-Time Remote Working Really For You? December 16, 2021 How to Utilize Tech to Grow Your Small... October 28, 2021 What’s the Best Conversion Rate Optimization Course? October 27, 2021 5 Incredible Success Secrets of Lean Entrepreneurship October 14, 2021 5 Soft Skills Every Entrepreneur Should Have August 26, 2021 Starting a Business From a Young Age: Where... August 10, 2021 Is Hybrid Work the Best Option for Your... July 20, 2021 Ditch These Five Habits If You Want Entrepreneurial... June 22, 2021 Offsite: 5 of the Best Cities for Tech... June 15, 2021 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.