Ep. 41 - Succession Planning Insights w/ Rick Baker

In this episode of Selling the Dream, Doug Howard, Kathi Fleck are joined by Rick Baker to discuss the intricacies of succession planning for business owners. They explore the challenges faced during the transition, the importance of effective communication, delegation, and training, and the need for business valuation. The conversation also touches on the emotional aspects of preparing for retirement and the necessity of having contingency plans in place to navigate unforeseen challenges.