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5 Questions that will Help with Ownership Transition Planning

Aug 19, 2014 by Alan Taylor 0 Comments
It is inevitable that privately held companies will face some type of ownership transition event. Too often business owners delay or avoid employee ownership transition planning which can result in severe consequences, including deterioration of company value and sustainability as well as family wealth and security. Business owners should be mindful of these consequences, while also realizing that “planning” does not necessarily mean execution of a strategy today. Also, understanding the process and alternatives available can help demystify the topic and help business owners understand the value of planning for this “once in a lifetime” event.
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About The Great Game of Business

Our approach to running a company was developed to help close one of the biggest gaps in business: the gap between managers and employees. We call our open-book approach The Great Game of Business. What lies at the heart of The Game is a very simple proposition: The best, most efficient, most profitable way to operate a business is to give everybody in the company a voice in saying how the company is run and a stake in the outcome. Let us teach you how to develop a culture of ownership, where employees think, act and feel like owners.