http://www.thesuccessionplanner.com John Reddish on Business Succession Wed, 13 Jan 2010 20:51:51 +0000 http://backend.userland.com/rss092 en In many families there is a giving ritual.  Treasured heirlooms are given from one generation to the next.  Parents carefully think about what would be treasured by each child, and they are gifted accordingly.  What’s often unspoken is that the parents feel the gift will be both treasured and maintained. Ownership ... http://www.thesuccessionplanner.com/succession-planning/family-businesses-treasured-heirlooms/2010/01/ Copyrights are great.  They protect your unique expressions.  But once you copyright something, you lock it in stone.  The copyright covers that unique expression.  Change a few words and it’s a new copyright, perhaps a derivative, but new, nonetheless. Trademarks and tradedress ( the packaging and design - how the brand ... http://www.thesuccessionplanner.com/doing-business-better/don%e2%80%99t-bother-with-%c2%a9-or-%e2%84%a2-unless-you-work-it-consistently/2010/01/ Who and what come next are critical to your exit strategies and business succession plans.  Sometimes you get to choose both who and what come next.  Other times, opportunity knocks. If it does, you need to be open to these possibilities, or you lose. How can you be open to the ... http://www.thesuccessionplanner.com/succession-planning/biz-succession-who%e2%80%99s-stepping-up/2010/01/ Both management and ownership succession tend to focus on the exit strategy of the person in place.  It's about their legacy, liquidity and letting go issues, and, their selection of a successor, either alone or with assistance. Just as important, though, and often largely overlooked as an equally critical element of ... http://www.thesuccessionplanner.com/exit-strategies/what-does-succession-mean-to-the-successor/2009/11/ The leader (who is often the primary owner or stakeholder) of the businesses, or organization, is responsible to see that the business is treated as an investment, both in terms of time and money commitments. There may be paid managers and staff to perform some or even all of the ... http://www.thesuccessionplanner.com/succession-planning/business-leadership-and-responsibility/2009/10/ My fellow Boomer and fellow Twitter buddy @CASUDI wrote on her blog, INCLINED TO DESIGN her experience in building community on Twitter.  It's both easy (and good) reading, tells how she has build some nice relationships (including one with me) and lists some people who, if you want to build ... http://www.thesuccessionplanner.com/boomer-inspiration/giving-a-light-touch-to-creating-twitter-community/2009/10/ Just the other day, I happened on a Tweet from my friend David Newman (Not the composer, but @DavidNewman on Twitter.com), telling about a Gallup-Healthways study, called the "Well-Being Index," that appeared in the New York Times (http://bit.ly/pqZRj).   Turns out that those happiest with their jobs are Business Owners @ ... http://www.thesuccessionplanner.com/boomer-inspiration/business-owners-and-contentment/2009/09/ I was featured in a July/August 2009 issue of Real Estate Business Magazine, a print publication, on succession planning for Real Estate Firms. The article is titled: "Step up your succession efforts...even if you have no plans to step down,"  by Chris Ryan.  july_aug09-re-biz-mag To open the PDF file in this ... http://www.thesuccessionplanner.com/exit-strategies/business-succession-for-real-estate-firms/2009/08/ What do you need to do, know, have in place BEFORE undergoing a serious medical procedure?  Here are some tips I developed when a friend called to tell me they were going to have a serious operation: On the medical side, do you have: A durable Power ... http://www.thesuccessionplanner.com/boomer-inspiration/be-prepared-are-you-ready-for-surgery-illness-or-death/2009/08/ Lest you think I am the only person working on and/or writing about succession planning, there are other points of view and they are offer terrific perspectives.  Some will largely agree with my experience, some add different perspectives and others are contrarian. Your exit strategy/succession plan is vital to your future, ... http://www.thesuccessionplanner.com/succession-planning/succession-planning-blogs/2009/07/