by Rena Striegel | Jul 13, 2017 | Succession Planning
Succession Planning – Tip #4 Tip #4 – Train your successor and work with them. How can you expect your successor to take over and run your business successfully if you haven’t spent any time training him or her? Your family business succession plan will...
by Rena Striegel | Jul 12, 2017 | Succession Planning
Succession Planning – Tip #3 Tip #3 – Get over the idea that everyone has to have an equal share. While this is a nice idea in theory, it may not be in the best interests of your business. Remember that management and ownership are separate business succession...
by Rena Striegel | Jul 11, 2017 | Succession Planning
Succession Planning – Tip #2 Tip #2 – Involve your family in business succession planning discussions. Making your own succession plan and then announcing it is the surest way to sow family discord. Opening a dialogue among family members is the best way to...
by Rena Striegel | Jul 10, 2017 | Succession Planning
Succession Planning – Tip #1 Tip #1– Start business succession planning early. Five years in advance is good. Ten years in advance is better. Many business advisers tell budding entrepreneurs to build an exit strategy right into their business plan. The point...
by Rena Striegel | May 1, 2017 | Succession Planning
How to Get Started Passing On the Farm In an April Successful Farming Online article by Anna McConnell, Rena Striegel talks aboutHow To Get Started Passing On The Farm. Rena Striegelis President of Transition Point Business Advisors, a company in West Des Moines, Iowa...
by Rena Striegel | Feb 15, 2017 | Succession Planning
Gain Traction Through Effective Planning The beginning of the year is when most teams take time to reflect on the past year of activities and are energized to plan for the year ahead. Despite the excitement, many planning sessions end up in frustration and with a...
