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Opportunities, Rewards, and Responsibilities.
Not many business owners want to think about the time when they will have to hand over control of their company to someone else. For most business owners, their time is spent on running their business and keeping it successful. Being a business owner entails many different responsibilities to your business, as well as to others, such as your employees, customers and family.
Some of the questions you should be asking yourself are:
What will happen to my business if I die?
What will happen to my business if I become disabled?
What will happen to my business when I retire?
What will happen if certain key employees die or leave the company?
What can I do to help ensure that my most vital employees remain loyal to the business?
What do I need to do to attract and retain the best employees?
How can I help ensure that my business will be able to weather unforeseen financial hardships?
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