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137: Planning for the Unexpected In Your Business, Pat Ennis
Manage episode 407312229 series 3561512
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Succession Stories host, Laurie Barkman, is joined by Pat Ennis, Founder of Ennis Legacy Partners. With decades of experience in financial services, Pat has extensive understanding of the challenges business owners face.
Because 100% of owners will eventually exit, it's important to understand the 6Ds– risks that can derail a business like death, divorce, and disasters. Understandably these risks can feel like taboo topics so that’s why we’re diving in.
“Owners need a plan to prepare the business to maintain essential functions to avoid potential disaster or crisis.”
Learn why having an ownership contingency plan can enable you to preserve your business legacy, ensure business continuity, and prepare potential successors.
Listen in to learn more about:
- Importance of Planning
- 6 Ds and Business Continuity
- Avoiding Business Dissolution
- Key Planning Steps
Find Pat Here: https://ennislp.com/
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