Knowing what you want to happen with your business after you leave is a great first step. However, there are several challenges to creating a robust business succession plan that many entrepreneurs fail to consider until the moment of transition.
There are many things to worry about when running a successful business. What will happen when you retire does not need to be one of them. Through thoughtful and proactive business succession planning, you can ensure that your professional legacy lives on even after you hang up your boots.