Ep. 35 - Who Should I Choose To Be My Successor?
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Ep. 35 - Who Should I Choose To Be My Successor?
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In this episode of Selling the Dream, Doug Howard and Kathi Fleck discuss the critical topic of succession planning for business owners. They explore various options for transitioning ownership, including family members, leadership teams, and ESOPs. The conversation emphasizes the importance of preparing for leadership readiness, understanding family dynamics, and the necessity of having a clear organizational structure in place. Doug and Kathi also highlight the need for business owners to start planning well in advance of their desired exit date to ensure a smooth transition.
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