Parents in Biz

Managing exits and associated risks

No matter how well run your business is, the truth is, at some point, every business owner and manager will need to part ways with members of their team. Either because they have to, such as in the case of underperformance and misconduct or because the decision has been taken out of their hands where there is a change of direction of their business, financial reasons or resignation.

Regardless of how the exit came about, it can be quite a daunting experience, and as an HR Consultant, I am privy to quite a few exits,

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