What you should do today to plan for transition?
01
BALANCE “NEAR LONG TERM” PLANNING WITH LONG TERM PLANNING
02
UPDATE YOUR STRATEGIC PLAN ANNUALLY
HAVE AN OWNERSHIP TRANSITION PLAN AND MODEL, TESTING SCENARIOS CHOOSE YOUR PARTNERS CAREFULLY, PARTNERS MUST ALWAYS BE DRIVING VALUE
03
04
05
OWNERSHIP IS NOT A RIGHT OF PASSAGE, OR NOTCH IN THE CAREER LADDER
06
KEEP VALUE AND GROWTH TOP OF MIND
07
RETAIN EXPERTS (LEGAL, TAX, ADVISOR)
THE PRINCIPALS ACADEMY 2022 394
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