Succession Planning Guide for Members Released

Published in Women's Health on February 01, 2022

Succession PlanningWe are excited to release our latest member-exclusive resource, “Succession Planning: Identifying What Is Next for Your Business and How to Make It Happen.” Members may download this guide in the members-only portal.

The past few years have brought unique issues to us in the home healthcare marketplace. If you could say anything positive about the COVID-19 pandemic and the associated tough operational obstacles, it might be that it required a lot of businesses to get better at accepting and acting upon the need for change and planning for the future. Succession planning is one step in planning for the future.

This guide is a toolkit to assist in the initial planning steps and procedures to transfer ownership of a business. The guide is made up of four parts, including a detailed guide on how to start to identify what is best for your business, a succession planning template, steps to write a succession plan, suggested steps to take to purchase a home healthcare supplier, and considerations to take when determining if an Employee Stock Ownership Program (ESOP) is right for your business. Download this resource today!


TAGS

  1. business development
  2. essentially women
  3. vgm
  4. women's health

From Our Experts

Empowered Leadership: Women Driving Excellence in HME thumbnail Empowered Leadership: Women Driving Excellence in HME A powerful and engaging panel session at the 2024 Focus at Heartland Conference included female leaders in the post-acute homecare industry sharing their perspectives on leadership. Reflecting on Focus at Heartland Conference 2024: A Vision for Post-Acute Homecare thumbnail Reflecting on Focus at Heartland Conference 2024: A Vision for Post-Acute Homecare On June 10-12, 2024, nearly 900 members, vendor partners, and speakers made the journey to VGM and Essentially Women's headquarters in Waterloo, Iowa, for the Focus at Heartland Conference. Government Relations Advocate for the Breast Cancer Patient Equity Act thumbnail Government Relations Advocate for the Breast Cancer Patient Equity Act The week of June 3rd, Nikki Jensen, VP of Essentially Women and Ike Isaacson, SVP of VGM Government & Regulatory Relations traveled to Washington D.C. to advocate for the Breast Cancer Patient Equity Act. Your Career Compass: Developing Your Personal Leadership Values thumbnail Your Career Compass: Developing Your Personal Leadership Values True leadership transcends formal authority—it's about influence, vision, and the impact and value you create. Final Reminders and Tips for Focus at Heartland Conference 2024 thumbnail Final Reminders and Tips for Focus at Heartland Conference 2024 The 2024 Focus at Heartland Conference is quickly approaching, and VGM and Essentially Women are excited to welcome all attendees to Waterloo, Iowa, for two days of unlimited networking opportunities and industry-leading education. Collaboration in Women's Health and Post-Acute Homecare: Partner Connections at Focus at Heartland 2024 thumbnail Collaboration in Women's Health and Post-Acute Homecare: Partner Connections at Focus at Heartland 2024 This year at Focus at Heartland Conference, attendees can engage in a new opportunity for connecting with vendor partners on the final day of the conference. EW's Focus is at Heartland thumbnail EW's Focus is at Heartland VGM's Heartland Conference will host Focus at Heartland this year, a change that will allow organizers to “go above and beyond” what they offer women's health providers Heartland Meets Attendees Where They're At thumbnail Heartland Meets Attendees Where They're At In a strategic shift, the VGM Heartland Conference will open with a greeting from several company leaders to discuss initiatives geared toward helping their members grow.