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Podcast: Looking To Get Out? Candid Talk on Succession Planning. Episode 325.
Busines coach Cecil Bullard joins Carm Capriotto for this interview recorded at ATE in Seattle. A very special interview with a deep conversation on succeeding your business. LISTEN HERE.
Statistics reveal that the average shop owner is in their late fifties. A quality succession plan can take 5 to 8 years. There are many great pieces of advice and wisdom discussed including family issues, what happens after I sell, what place does your ego have in the transaction, and when do you become coach and not dad.
For non-family transactions, there is some wise advice on structuring a deal. Cecil gives a blueprint on the steps to building a succession plan.
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