An Exit Plan is Not a Succession Plan (& vice versa)

About this episode

This episode clarifies the distinction between succession planning and exit planning for business owners.

Most business owners use succession planning and exit planning interchangeably. That mistake can cost you everything you've built. In this episode of Legacy: The Business Succession Podcast, we draw a clear line between two business practices that look similar on the surface but serve fundamentally different purposes. One protects your financial outcome. The other protects your business. You need both. Most owners only have one. Find out exactly where exit planning ends and succession plannin...

People in this episode

Host: Jared Pilon

Topics covered

• succession planning
• exit planning
• business practices
• financial outcome
• business protection

Keywords

• succession planning
• exit planning
• business owners
• financial outcome
• business protection

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