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Succession Institute TV
Admission to Ownership
This video is an excerpt from part three of a webcast series based on Dom's and Bill's succession planning books published by the AICPA. This webcast covers nine of the 15 areas that need to be addressed to create a robust succession plan that will ensure profitability, transition of ownership and long-term sustainability of your firm: Building your firm's key positions around roles and responsibilities; Creating transparency in decision making by formalizing voting, addressing admission of new owners, and managing the equity distribution/redistribution processes; Managing working relationships with retiring partners including client transition and reasonable roles; Establishing other important process from maximum payout of retired partners, to dealing with death, partial or full disability, and termination.
For more information, vist:
Succession Planning 3
Succession Planning 3
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