To prepare your company for planned or unplanned succession, you should prepare legally and financially. But you should also identify people who fit your culture and who can build on your organization’s success. The most important concern for your potential buyer is the quality of your management team, so that should be your number one concern as well. 
- Every business problem is about process or people and how STM addresses the people issue
- The buyer of your business expects to see a strong management team in place after you leave
- Your next generation of managers will need coaching and development to prepare for taking charge

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