Succession Planning Template & 5 Steps to Write a Succession Plan If you’ve ever jotted down a recipe or shared do-it-yourself instructions with a friend, you already understand the basic structure of how-to writing. A succession plan is a set of instructions for when a business owner or key employee leaves the business. Our succession planning template will help you plan for these steps, including who will take over, how long it will take, what procedures need to be passed on, and how the business sale will proceed.
How to Write a Five-Year Strategic Plan Bizfluent Christina Katz offers a six-step process for writing a good explainer. A five-year strategic plan is a well-regarded -- and often overlooked -- business tool guiding the vision and direction of a company. The strategic plan concept applies to personal goals and finance as well. However, in both business and personal life, the effective plan is realistic, active and flexible.
How to Write a Retention Plan Do you know how to prepare an exquisite turkey dinner on a shoestring? Pay rock-bottom rates for accommodations in exotic destinations all over the world? Writing a step-by-step retention plan might ensure that you keep an engaged and productive workforce. However, instead of simply structuring financial incentives that pay employees to stay, develop a strategic plan that addresses the reasons an employee might leave and explores all the company's options for retaining its most valuable workers.