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Jun 17th, 2021, 6:55 am
Always End with the Beginning in Mind: How Firms Remain Great AFTER the Founder Exits by Donald F. White
Requirements: .ePUB reader, 1.0 MB
Overview: Succession Planning is a subject people love to talk about, but rarely seem to accomplish. Whether it is the complexity of the transaction, a lack of confidence in the candidates, an owner not being able to let go, or a myriad of other issues, most businesses simply fail to transition from one generation to the next. This book unlocks the secrets of transitioning a financial services practice at the top of its value and provides you with a model of what it takes for a succession plan to not only work, but be the highlight at the end of a highly productive career.

The only absolute guarantee in business is one day your part in that business will end. It will end by your volition, someone else's volition or God's volition, but it will end. It is singularly the only thing guaranteed in the life of your business. Unbeknownst to you, you already have a plan in place for this. Donald F. White calls it a cessation plan. One day your role will cease and your business will cease right along with it. In the financial services industry the statistics are staggering! Over 90% of all practices will fail to pass to a second generation. At some point in time, most practices just cease to exist. Whether by retirement, disability or death, the chances of your business lasting beyond you are short, unless you shelve your cessation plan for a succession plan.
Genre: Non-Fiction > General

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Jun 17th, 2021, 6:55 am

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