Components of A Good Business Succession Plan by Olufisayo April 18, 2011 written by Olufisayo April 18, 2011 0 FacebookTwitterPinterestLinkedinWhatsappEmail Related Articles Blurring the Lines between Charity, Entrepreneurship May 14, 2021 3 Tips to Keep Entrepreneurs Motivated April 7, 2021 Things to Consider Before Starting Your Own Business March 18, 2021 How Do You Know What Your Employees Are... March 3, 2021 Benefits of Hiring New Talent through a Recruitment... March 1, 2021 Starting Your Own Law Firm: Entrepreneurial Advice for... February 14, 2021 4 Successful Tips for Becoming an Entrepreneur February 5, 2021 4 Ways to Boost Employee Morale and Motivate... November 29, 2020 How to Start Your Own Health Company November 27, 2020 Ease Your Worries, Call a Boston Car Accident... November 25, 2020 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. Reply 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. Reply 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… Reply Sam @ Free Business Listing April 25, 2011 - 10:45 AM These are good points on Business Succession Plan. Thanks for sharing. Reply EndGame Success | Components Of A Good Business Succession Plan March 30, 2016 - 3:53 PM […] Sourced through Scoop.it from: https://www.entrepreneurshipsecret.com […] Reply 10 Things You Need To Do Before Starting A New Business September 2, 2016 - 9:24 AM […] Components of A Good Business Succession Plan […] Reply 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/ […] Reply Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.