‘Begin with the end in mind’, might not be the first thing you thought when you set up your new business, but according to the Exit Planning Institute it should be at the top of the list for all new business start-ups.
Even if it wasn’t on your to-do list when you started out, it’s never too late to start succession planning and there are steps established businesses can take to secure the continuity, growth, and maximum value of their business at any stage in its lifecycle.