From #smallbusinessadvisorINFO. Succession planning is a process for identifying and developing new leaders who can replace old leaders when they leave, retire or die. No disrespect intended.
Since founding Small Business Advisor in 2018, Small Business Owners' have relied on us to deliver the best answers and resources to their small business questions.
As former Small Business Owners,' you/we wear many hats and pay two sets of bills, your personal and business, which if you have not owned a small business, your peers may not be aware of that fact. It is a daunting task. Personally, being up all night wondering how to make payroll, once small mistake can close your small business and not only lose your income and home.
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