ATS Episode 14: How to find a replacement for your business.

July 27, 2016 — by Admin
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On the 26/06/14 Naomi Rosenthal of ‘Tudor Investassure Pty Ltd’ asked John Hagerty and Joven Demonteverde of the Be Business ‘Ask the Strategist’ team “I’m planning a family, how do I find a replacement for me that will ensure the continuity and stability of my business until I can return to work?”

Background to Naomi’s question:

  • Financial planning practice, has been in operation for 43 years, where she took over the business from her father
  • Naomi bought her parents out of the business and now she is the key person in the business
  • She is now considering bringing new advisors into the business

Naomi is considering whether she could find someone as capable as her to do her job, whether she decides to start a family or not, but she is unsure on how she will be able to find a suitable partner. John and Joven provide her with the right strategic advice that will allow her to make the right decision for her business.

Different discussion topics included:

  • Business Growth
  • Financial Planning
  • Business Partnership

After John and Joven provided her with the right strategic advice, Naomi was content with their responses and when asked if her question was answered she stated “I think so, pretty much, you’ve helped me a little.”

Filed Under: Ask the Strategist, Human Resources