Succession planning: People business
Keeping clients and staff informed is an important part of any succession plan, writes Sam Barrett
Broking is a people business, with relationships with employees and customers key to a firm’s success. Given this, ensuring these individuals are looked after when there are any changes to the ownership of the business is crucial to its future prosperity.
Having a succession plan in place that addresses these issues is essential, both to secure the optimum price but also to leave a long-lasting legacy. “When you own a business, you need to have a succession plan in place almost from day one,”
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk