Stage 5
Legacy Planning
Building Beyond Yourself
Overview
Your business runs without you. You have a strong leadership team and sustainable systems. Now you're thinking about legacy - succession planning, franchising, selling, or building something that outlives your involvement.
π― Key Focus Areas
- Develop comprehensive succession plan
- Groom successor or leadership team
- Document institutional knowledge
- Explore exit or expansion options
- Build legacy that outlives you
β οΈ Common Challenges
- Finding and preparing the right successor
- Letting go of control and identity
- Ensuring business values survive transition
- Maximizing business value for exit
- Staying relevant during transition
β Success Metrics
- Clear succession plan documented
- Successor identified and trained
- Business value maximized
- Systems independent of founder
- Legacy secured for next generation
π Next Milestone
Success: Your business thrives after you leave, carrying forward the values and systems you built.
π οΈ Recommended Tools
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