Are you taking the time to think not just about how to run your business, profitably?
Are you also thinking about the deeper and more difficult questions around succession?

Many questions…we need to seek some answers to them.

1.  Are your children the natural succession candidates?

2.  What if you have more than 1 child currently involved and interested in running the business.  How do you choose?

3. Can you children fill your shoes in leading the business?

4. How long until my children can take over the business?

5. What steps should I take to make this transition successful?

6. Have I special knowledge that I should share with my children and/or stakeholders?

All good questions. They will take time to work through.

Think about it.

Learn, think, apply.