Construction Genius

You know you have to do it, but crafting and executing a succession plan is not easy. There is a proper way of structuring it that will allow you to enjoy the rewards that a successful succession plan brings both emotionally and financially.  In today's episode, Dan Darchuck and I will be discussing everything about succession plans and why it is essential to your construction company. Importantly, Dan will explain why emotions play a crucial role in succession planning, why knowing the worth of your company matters, and when entrepreneurs should start making succession plans for the company.  Learn the proper way of creating a succession plan for your construction company! What's Discussed in This Episode: Why construction companies' succession plans fail [01:32] Choosing the wrong direction or path [02:33] Other uncontrollable intrusions [04:03] Which element is tied to making bad decisions [08:00] Five elements tied to succession plans [04:35] Figuring out what the business is worth for the entrepre