The Woodard Report recently featured an article I wrote about succession planning.
M&A is everywhere these days…especially in the accounting space where older professionals are ready to pass the torch to younger generations. We’re also seeing it with our clients as well, some of whom are getting ready to buy and sell businesses. So what’s the secret to a successful handover and a smooth transition to retirement or whatever comes next? Succession planning. So how do you do it? The best place to start is by taking a good look at your team to see where your strengths and gaps are and who has the potential to step into leadership roles. There are plenty of other considerations as well, so take a peek at the article to see the highlights, and feel free to reach out if you’re ready to start the process.
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