Succession – It’s hiding in your business
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Is succession planning only for large corporate companies? Not according to Allon Raiz who, in this episode of 20 Lessons Over 20 Years, advocates for early thinking about succession in entrepreneurial businesses. Having a succession plan in place not only makes your business more attractive to investors, it also helps to mitigate any potential crises in terms of leadership and management. Allon discusses supporting your middle management in terms of succession to increase your business’s performance and value.