A well-documented succession plan helps reduce risk and ensure your company’s continuing success, yet many firms struggle to develop one that addresses a successful leadership transition. Businesses that follow these succession planning best practices will be in an enviable position among competitors when there is a change in the senior leadership team.

Director Mike Pappas shared with Smart Business his best kept-secrets for a pain-free jump start on the succession planning process.

At Barnes Wendling CPAs, we understand this connection, and our advisors will work with you to establish, implement, and execute a plan to ensure the successful transition of your business.