I hear it all of the time in the many presentations I have done around Planning Succession Successfully. “Heff, I just don’t see the need to make a plan to sell my business because I just don’t plan on ever selling it. I am going to be here until I die.”
I get it, you are not alone. In fact, John Hamel who founded Austec Business Transitions, LLC. http://www.austecbt.com/, may uinderstand that more than most. In this article, he addresses some of the things you should consider if that is your plan. Bottom line, you still need a written plan!