It’s nearing Christmas, which means it’s 12 months since I wrote my updated article about the need to continue to look back and understand the path traveled, that has brought us to the present when trying to forecast the future. I wrote of the enduring impact of the 2008 financial crisis and the post 2008 financial crisis world of low interest rates, quantitative easing and the impact of this on our preparedness to accept historic low yield on asset acquisitions. My view was that it was a good time to consider liquidating marginal assets as the cycle was turning.
Succession Planning – How to Prepare and Protect Your Business and People
All businesses have lifecycles. From humble beginnings, where your once peaceful evenings capitulate into countless sleepless nights, contemplating how you are going to pay your staff. To the satisfaction of achieving your business goals and helping your employees grow professionally and personally. To the inevitability that one day, your journey within the business will come to an end.