nine steps to effective succession planning for the small firm

start thinking about “the fun factor.”

by august j. aquila
aquila global advisers

no heir apparent – what does the small firm do? unfortunately there is no silver bullet or magic solution to solve this problem.

august aquila

more august aquila on 卡塔尔世界杯常规比赛时间:  thinking merger? look before you leap  | four new checklists for succession planning  |   partner accountability: seven signs your firm may be in trouble |

i do, however, have some solid suggestions that may help you work through the problem. and, if you start sooner than later, you will have a better chance of successfully passing the baton to someone else.

how do i know it’s time to sell or merge? there is perhaps one key indicator that it’s time for you to move on or do something else. i call it the “fun factor.”

1. ask yourself these simple questions: