One Thing is Certain, Change is a Part of Running a Business
No sooner do you get comfortable doing one thing when something changes and you need to adapt. In a small business, that’s the way it is, and your capacity to manage change is vital to surviving.
Transition Management is a process to enable a business to adapt to changes –be it internal/external to enterprise or very personal reasons of entrepreneurs. Planning for transition is something very compelling. Because it is a way of assuring everybody be it family members, employees, other stakeholders, that they have no reason to fear threats or feeling deprived of opportunities.