Succession Planning

Self-paced Online
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Succession Planning

Planning for the future is crucial for any tourism business owner. This course provides essential guidance on preparing for leadership transitions and exit strategies that protect your hard-earned legacy. This course aims to support you in evaluating options for passing your business on, whether to family or other successors, and develop strategies to ensure the process is smooth and value-maximizing. 

Who is this for?

  • Operators
  • Tourism business owners
Learning Outcomes:
  • Explain why succession planning is vital for securing the future and legacy of their tourism business.
  • Assess different exit strategies to find the best fit for their personal and business goals.
  • Understand the key steps to ensure a smooth leadership transition when passing the business to a family successor.
  • Outline how to select optimal succession strategies that maximize the value of their business.
  • Describe how to prepare successors effectively to maintain business continuity and operational success.
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