Succession planning: Why slow and steady gets you the best results     

The last thing people want is for the business to take a turn for the worse, Menzies partner Tom Woods says For most exiting shareholders, the overriding concern is to make sure that the business is left in the best possible order so it can continue to thrive and reward those involved in the future, he tells PA. Magenta Financial Planning managing director Gretchen Betts, who bought her firm from her former business partner Julie Lord, says successful succession planning starts with honest conversations about plans, desires, options for each party, financing choices, and what people w...