The demands on any small business owner are constant. Many, therefore, do not focus on the business risks they create if they do not think about their own future. What happens to your business if you get sick or are injured in a serious accident? Or, while it’s not very fun to consider, die? What happens to your family and employees? Of course, none of us want to think about any of that. However, we at the Alexandria Small Business Development Center have encountered all types of succession nightmares, and we can tell you some stories!

In March, Patra Frame and Brian Story presented a workshop on CEO/Founder failures and the implications this can have on a business. In this video, they recap the key points from this presentation.

This presentation concluded our series on HR issues facing small businesses. However, if you still have questions or if you would like any additional information, you’re welcome to visit our Interactive Resource Library to check out all of the resources we have available on HR and employer issues.

Additionally, we offer specialized counseling on HR and employer issues to City of Alexandria businesses each month. If you are interested in speaking with one of our counselors, please complete our Request for Counseling form.