Miami Partner's Business Succession Planning Article Publishes In BizWomen
Miami partner Rebecca Abrams Sarelson wrote an article for BizWomen called "5 Strategies for Better Business Succession Planning" that published on January 29. The article was also picked up by American City Business Journal's "How To" section, which runs online in all 43 markets where the Business Journal operates. Sarelson advises on several strategies to help business owners develop an effective succession plan. These include:
1. Articulate goals for the business
2. Identify successor leaders
3. Establish decision-making policies
4. Allow successors to assume responsibility
5. Document an estate plan
Read the full article here.