The Importance Of Succession Planning And How You Can Start

When entrepreneurs start a company, they don’t necessarily think about the day they might leave it. The same goes for executives who have been key players in the same organization for decades.

Just because it’s your livelihood today doesn’t mean it isn’t important to think about the future. Creating a solid succession plan now will ensure your legacy remains long after you are gone.

So, we asked 10 members of Forbes Coaches Council for their best tips and practices on planning your own succession. Here’s what they had to say.

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