Category: Succession Planning

Business Succession

Entering into business succession planning is imperative for anyone that owns a company. This strategy is necessary for passing ownership of the business or protecting it against the loss of a key employee. Developing a business succession plan lets owners choose a successor to take over the company in the event of retirement, death, or […]

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Succession Planning

Succession planning plays an instrumental role in readying employees for advancement. These methods are often referred to as ‘grooming’ employees, but the reality is these methods are vital for a company’s overall success. Companies that don’t engage in succession planning may find their self in challenging situations if key personnel leave their position. Bringing employees […]

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