(702) 587-5652 vickig@silentgconsulting.com

Nevada Small Business Consulting offers estate planning consultation including business succession planning.  This is one area I see all my clients leave unprotected. Succession planning ensures that businesses continue to run smoothly and without interruption, after important people move on to new opportunities, retire, or pass away. When I do estate planning for my clients I also include a business succession plan for their business so we can be sure that their loved ones are cared for when they pass also.

Benefits of Succession Planning

  • Employees understand that there is the potential for advancement and perhaps ownership, which can increase moral and high work satisfaction for employees.
  • Understanding there is a proposal for future opportunities will give your employees satisfaction in that they will be able to potentially develop their future career.
  • Management’s commitment to succession planning means that supervisors will mentor employees to transfer knowledge and expertise.
  • Long-term planning provides freedom to focus on business goals
  • Succession planning saves money
  • Protects the business from a sudden, unexpected change
  • Preserve brand integrity and reputation

Succession planning is an imperative component of any type of business to help it operate efficiently and without interference whenever a change in leadership occurs. Changes can be occur when employees the company or if there are unexpected circumstances, for instance the passing on or displacement of a team member.

If you are interested in learning more about succession planning, contact us today at (702) 587-5652 to schedule a FREE Consultation and we can discuss your options.  You can click the following link to view our 5-star Google Reviews.