Jul 25, 2014
Home| Tools| Events| Blogs| Discussions| Sign UpLogin

Succession Planning Action Guide

Check off each action step as you move through the succession planning process.

_____ Decide to secure your legacy.
 
_____ Schedule a family meeting
 
_____ Distribute “Conversation Starters” (see page 13)
 
_____ Define succession planning objectives
 
_____ Identify a facilitator
 
_____ Schedule a consultation
 
_____ Refine goals
 
_____ Seek commitment from family members
 
_____ Conduct research and define corrective actions
 
_____ Business planning
 
_____ Operating agreement
 
_____ Employment policies
 
_____ Other legal agreements
 
_____ Leadership development
 
_____ Ownership transition
 
_____ Financial security
 
_____ Estate planning
 
_____ Dispute resolution
 
_____ Agree on an ongoing communication strategy to inform family
 
_____ Bring in additional assistance as necessary
 
_____ Review annually

 

Legacy Newsletter
 

Follow Us

Facebook Twitter You Tube
 

Hot Links & Cool Tools

    •  
    •  
    •  
    •  
    •  
    •  
    •  

facebook twitter youtube View More>>
 
 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions