Succession planning within any organization is complex. As practitioners, we work diligently to ensure every aspect of the transaction is completed flawlessly (legal documentation is in order, valuation and financials are accurate, insurance is in place, etc.). But what if the individuals tasked with running the company are not yet capable of doing so?
Chris McDonell and Keith Daw, with McDonell Consulting Group, will walk us through the Top-5 steps every succession/exit strategy practitioner should consider before beginning the process. They’ll share examples of family-owned companies, venture-backed entities, and others, along with the tools utilized to ensure your clients have the data they need to confirm the right people are in the right roles for the transaction and beyond.