**HENRY R. NAUM OFFERS A LESSON IN SUCCESSFUL BUSINESS PASSING ON 🎓**
Are you thinking about what will happen to your business when you're gone? This is a necessary thing to think about as a business owner. Meet Henry R. Naum, a successful attorney who is not only building his family's business but also making plans for its future.
**Creating a Smooth Transition**
Henry R. Naum is the co-owner of Clement, Winston, & Breckinridge, a successful law firm in Chelsea, MI. He and his wife, Robin, are also involved in several other business ventures, including a family farm. They're not just building their own wealth, though; they're also making plans for the future of their businesses. A business partner is someone who helps run a business along with the owner. This is Henry and Robin's way of making sure their family's businesses keep growing strong after they're gone.
The family has chosen a successor to help manage one of their businesses. Choosing a business successor is a difficult task, but it's a smart move to make. A good successor will protect your business' legacy and keep it moving forward. You want a person you can trust to be in charge.
**Finding the Right Person**
Not everyone can simply be the successor in a business. Henry and his wife chose someone with the right skills and qualifications for the job. They studied the candidate's personality, work style, and background to make sure they fit with their company's vision. Just like you choose a good friend or a good team member, finding the right successor is a critical step for any business owner.
A business plan is not just a document; it's a guide that helps your business make good choices. For Henry and his wife, it was essential that the chosen successor was in line with their original vision for the business. Choosing the right person will ensure that your company stays on the right path.
**The Legal Aspect**
As an attorney, Henry R. Naum understands the importance of legal planning in business. He's not just thinking about the future of his family's business; he's also planning how his estate will be managed after he passes away. This ensures the smooth transfer of assets and keeps his family protected.
Even if you're not an attorney, you can still plan for the future of your business. In the article on The Sun Times News, Henry shares how taking the time to place of such matters can be a key factor in the success of the business.
**Planning Your Legacy**
Henry and his wife are teaching us a valuable lesson about planning for the future. It's not just about building a successful business; it's also about building a lasting legacy. Did you know that more than 70% of family businesses fail to last beyond the first generation after the founder's passing? By planning ahead, you can rest assured that your business will continue to thrive.
Click here to read the full article by The Sun Times News: [https://thesuntimesnews.com/chelsea-attorney-chooses-business-successor/](https://thesuntimesnews.com/chelsea-attorney-chooses-business-successor/)
**Make your legacy a reality!**
By taking the time to plan for the future of your business and choosing a suitable successor, you'll be making it easier for your business to succeed. Carefully evaluate potential candidates to ensure they fit your business' vision. Average twice as many candidates know there is a plan and they will decide on the best choices.
Take the first step in making sure your business legacy lives on!
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