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Succession PlanningReturn
As the end of the year approaches, there are several legal considerations and tasks that businesses should address. Here are some end-of-the-year to-do items for businesses to consider as you plan for 2025:
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When change is the only constant in the business world, organizations need to equip themselves with a strategy that ensures continuity and adaptability. Succession planning emerges as a linchpin, offering a roadmap for businesses to navigate the future. Let’s explore the what, why, and how of succession planning and its transformative impact on organizational resilience.
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In the dynamic landscape of business, leadership and management development stand as cornerstones for sustainable growth. This guide aims to illuminate the path toward honing leadership skills, nurturing effective managers, and building a robust succession plan for a thriving organizational future.
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What is your retirement plan? At this year’s PSBA Annual Convention at the Penn Stater Hotel and Conference Center, Rich Kelly presented a workshop discussing Succession Planning. If you were unable to attend Rich’s presentation, this article to reviews what you need to know about planning to transition your business from one generation to the next and other ways your business can fund your retirement.
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What does the next generation of your company look like? Who will carry on when retirement comes, ready or not! These are the important questions that need to be asked when Succession Planning. Included in this article is information regarding what Succession Planning really is, how to start and the steps you need to take to begin your Succession Planning today
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