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TEMPLATE ALL FREE RESPONSE

TEMPLATE ALL FREE RESPONSE

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Succession Planning – done ✅

Whether you sell it, gift it or close the doors with pride, the goal is simple: finish well and on your terms.

Shape the ending. Build the value. Exit on your terms.

👉 Ready to continue?

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Question 1 of 5

1. Question

Question 1:

At some stage every business will: (select one)

Run forever unchanged
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Eventually close, sell or transition to someone else
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Automatically pass to a family member
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Take care of itself
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Question 2 of 5

2. Question

Question 2:

When you eventually step away from your business, which of the following would you consider? (select all that apply)

Sell it on the open market – realise the value you’ve built
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Sell it to a local buyer – keep it in the community
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Sell part of it – transition out gradually but stay involved
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Gift it – mentor an employee to take it over
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Gift it – support a young local to step in
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Close it – wind down in a planned, orderly way
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I haven’t thought about this yet
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Question 3 of 5

3. Question

Question 3:

Put these steps in a sensible order for properly closing a business. (click the arrows to reorder)

answer is Correct is the Correct Answer answer is Incorrect

answer is Correct is the Correct Answer answer is Incorrect

answer is Correct is the Correct Answer answer is Incorrect

answer is Correct is the Correct Answer answer is Incorrect

answer is Correct is the Correct Answer answer is Incorrect

answer is Correct is the Correct Answer answer is Incorrect

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Question 4 of 5

4. Question

Question 4:

If you had 12 months’ notice that you would be stepping away from your business, what would you start doing differently today?

This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.
Question 5 of 5

5. Question

Question 5:

Has this module got you thinking a bit more about what’s next for your business? (select one)

Yes – I can see I really need to succession planning
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A little – it's nudged me to think about it
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Not much – I've already got this covered
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Unsure
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