To Tell or Not to Tell
31.08.2016
The Dilemma of Talking with Key Employees about Your Exit
One of the most common question for a business owner is who or how many of his key employees should know about his or her exit plans? On the one hand, confidentiality is an important issue and owners rightly have concerns about too many people knowing about their exit plans. On the other hand, it is difficult if not impossible to effectively prepare a company for exit without including the business’s top leaders in the conversation, openly and transparently.
The answer is to define precisely which employees need to be included in the process. The following short video offers several tips and guidelines on how to resolve the dilemma.
To find out more about this process and exit planning solutions contact us and ask about our complimentary proprietary tools and checklists. All inquiries are confidential.
Tim is a Consultant to Business, Government and Not-for-Profits Organizations specializing in innovative and challenging ways for organizations to survive, to thrive and to build their teams.
