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 4 Reasons Personal Boundaries Are Essential as an... July 18, 2023 Vijay Eswaran Explores Malaysia’s Role as a Strategic... June 29, 2023 The Road to Financial Success – Tips for... June 23, 2023 A Comprehensive Guide to TIG Welding May 23, 2023 Why Work in Health Care? 3 Reasons to... March 20, 2023 3 Reasons Authenticity is Important in Leadership February 28, 2023 5 Effective Hacks to Run Your Ecommerce Business... February 15, 2023 Should I Use a Windfall to Pay Off... December 5, 2022 5 Ways to Hire & Scale Quickly for... November 30, 2022 What the Sport of Ping Pong Taught Me... November 15, 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.