Management Succession Planning for Family Businesses

http://www.scorechicago.org An excerpt of an interview with Mark E Goodman and Ted Thomas of Sun Exit Advisors done on January 19, 2010. In this segment, Ted notes that most entrepreneurs spend little time in planning an exit strategy. Ted gives an example of a client that had to come up with an exit plan when the head of the business died. Ted suggests a 5 year process to plan your exit. You can watch the entire interview at http://blip.tv/file/3110932

Duration : 0:3:11

Technorati Tags: Mark E Goodman, SCORE Chicago, sell my business, small business, succession planning, Sun Exit Advisor, Ted Thomas

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