Business
According to firm management consultant Marc Rosenberg, 80% of first generation firms never make it to the second. Why? They have non-existent or ineffective succession plans. What’s the one key element to a great succession plan? Effective practice management. In this episode, Bell & Company CEO and Founder, Richard Bell, discusses the decision to start his own firm and current strategies taken by the firm to prepare for a succession transition and further growth of the firm.