Entrepreneurship.com | Larry Guess on the Importance of Succession Planning

 Larry Guess By: Larry Guess

We are proud to have our own Larry Guess, Director of Succession Planning, featured as the author of a new article on Entrepreneurship.com.

1 in 10 Leaders Say Succession Planning Is Not Worth the Time and Money It Costs—Here's Why They're Wrong

In the article, Guess highlights the importance of succession planning for business owners, and offers five key strategies to consider when preparing for the transition of ownership.

The article underscores that thorough preparation and understanding of the process are essential of a successful succession plan. A well-structured succession planning roadmap increases the likelihood of receiving the business's true value and maintaining financial stability in the future. 

Read the Full Article at Entrepreneurship.com

Succession Planning

After successfully selling his share of a business, Larry joined Plancorp in 2016 to lead our Exit Strategy Advisors division. Thanks to his extensive experience buying and selling companies in both the private and public sectors, as well as his time consulting in this arena, he’s able to connect on a personal level with clients looking to chart their own transitions. More »

Disclosure

For informational purposes only; should not be used as investment tax, legal or accounting advice. Plancorp LLC is an SEC-registered investment adviser. Registration does not imply a certain level of skill or training nor does it imply endorsement by the SEC. All investing involves risk, including the loss of principal. Past performance does not guarantee future results. Plancorp's marketing material should not be construed by any existing or prospective client as a guarantee that they will experience a certain level of results if they engage our services, and may include lists or rankings published by magazines and other sources which are generally based exclusively on information prepared and submitted by the recognized advisor. Plancorp is a registered trademark of Plancorp LLC, registered in the U.S. Patent and Trademark Office.

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