Author Description

With memorable anecdotes and simple-but-effective exercises, this business management book forms a step-by-step guide to succession planning so your family business can thrive for generations. Ninety percent of US businesses are family owned or controlled, yet few have a succession plan for the business, possibly leading to costly unplanned transitions that are disastrous for the family and the business. Whether you're a new entrepreneur or a seasoned leader of a mature business, it is never too early to start succession planning. With a unique approach to family business stewardship, this business mindset book teaches business owners how to plan for succession by viewing their business as a purpose-driven enterprise that future generations will want to be part of. Dan Hiebert, PhD, CFP® is a nationally recognized leader in family business succession planning. With over twenty-five years' experience as a financial planning practitioner, researcher and educator, Hiebert simplifies succession planning to move you from procrastination to action. Inside this book, discover step-by-step exercises and real-world anecdotes to help you: Assess where your family business is today, where you want it to be, and how to get it there, Define your core values as a business mission statement that future leadership will champion, and Foster "shared experience" work environments to encourage employee retention leading to effective succession transitions. Readers of Finish Big: How Great Entrepreneurs Exit Their Companies on Top and Who Comes Next: Leadership Succession Planning Made Easy will appreciate the straightforward, actionable, and personalized guidance found in Succession Simplified. Don't let the legacy of your business be questioned. Start your succession planning today.