Following the leader
Handing over a business does not always go swimmingly, whether it passes down the family line or to up-and-coming management. Simon Threadgold points out how to ensure the intentions of the out-going owner are in sync with those of their replacement.
Running a business is an all-consuming passion, which the owner oftenfinds hard to give up. Planning the transfer of control into other hands
is one of the most important tasks the boss will ever undertake.
For brokers, the situation has been complicated by impending regulatory
changes and fluctuating market conditions. Those in their late 50s know
that carrying on as normal will only put off the inevitable but timing
their move can be difficult.
Some simply feel obliged to keep going. With insurers
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.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
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. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Markerstudy gets CMA greenlight to complete £1.2bn Atlanta deal
- FCA warns insurers, again, on undervaluing total loss motor claims
- Ajay Mistry launches insurance broker