Tag Archive: Succession planning

A transitional moment for a business is, by definition, a monumental shift in the course that the business was on. Many find themselves tied up thinking about the operational challenges and obstacles that they must overcome. However, it is often the case that the financial implications are not given enough due consideration. Today, we are Read More +

It’s close to a month since the coronation of King Charles Ⅲ, and it has got me thinking about the succession planning the Royal family has done and the parallels between them and business owners. After all, His Majesty The King is now in charge of one of the largest family businesses known to mankind. Read More +

Many organisations, small business and family-owned businesses face challenges when transitioning due to a lack of proper ways to tackle succession planning.  There is a loss of decades of knowledge and experience when a key employee departs or retires. This is then followed by a turbulent transition which in many cases interferes with the future Read More +