Most of the meaningful discussions concerning ownership of a business will be considered to be critical conversations. A critical conversation is one where a meaningful exchange of information or opinion occurs. Often there is an emotional context to the conversation. It is very common to find that owners either avoid critical conversations or have difficulty… [Read more…]
July 23, 2010
Owners of an owner-managed business frequently do not prioritize planning and implement planning as a regularly scheduled activity. Moreover, they do not look at planning as a group activity. Chapter 2 of Business Succession Planning deals with the planning process and how it involves the owners of a business. Most importantly it deals with how… [Read more…]
July 23, 2010
Business Succession Planning Forms and Practice Manual was written by Rick Riebesell to aid the advisor facing a client’s business succession problem. What is it that enables the successful business advisor? Initially the advisor must facilitate a meaningful ownership group articulation of the business goals and needs. The advisor must motivate and facilitate the owners… [Read more…]
July 23, 2010
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