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
