You need to examine the development strategy for the successor to the family business. In your task you will be putting this important fact into action.

Suppose, your family owns a well-established business that you will inherit in 5 to 7 years when your father retires Note: you can only choose from 1 of these 2 businesses: a well established restaurant or a manufacturer of windows you have been working in the business, on and off, most of your life. You will be graduating from Berkeley College within the next 12 months with your bachelor’s degree.

In an ms word document: put together a development strategy for yourself to insure that you are ready to take over the family business in 5 to7 years. Make sure to create a detailed development strategy explain what you intend to accomplish and why at the top of the document, list the course name, your name

Answer rating: 100% (QA)

Family Succession Business Plan According to Hess 2012 succession planning is the process of putting strategies in place to ensure that a family business is successfully transferred from management of ... View the full answer