Posts tagged "how to write a succession plan"

As the world tracks one of the highest-profile corporate successions in living memory, here are some tips for smaller Australian businesses contemplating their own family member handovers, drawn from the SmartCompany archives.

Succession planning, when done right, doesn't have to be a collision of money, power and family dynamics.

The average age of a mid-size company owner in Australia is 57–75 years old, and yet over 75% of them don’t have a succession plan.

For many baby boomers, retiring will involve selling their businesses. But many Australian entrepreneurs aren't preparing for this inevitability.

One of the critical stories underlying the broad points in the 2015 Intergenerational Report is the burgeoning numbers of SMEs that are chan…