Succession Planning Guide for Members Released

Published in Member Communities on January 26, 2022

Succession PlanningWe are excited to release our latest member-exclusive resource, “Succession Planning: Identifying What Is Next for Your Business and How to Make It Happen.” Members may download this guide in the members-only portal on vgm.com.

The past few years have brought unique issues to us in the home healthcare marketplace. If you could say anything positive about the COVID-19 pandemic and the associated tough operational obstacles, it might be that it required a lot of businesses to get better at accepting and acting upon the need for change and planning for the future. Succession planning is one step in planning for the future.

This guide is a toolkit to assist in the initial planning steps and procedures to transfer ownership of a business. The guide is made up of four parts, including a detailed guide on how to start to identify what is best for your business, a succession planning template, steps to write a succession plan, suggested steps to take to purchase a home healthcare supplier, and considerations to take when determining if an Employee Stock Ownership Program (ESOP) is right for your business. Download this resource today!


TAGS

  1. operations
  2. regulatory
  3. vgm government

From Our Experts

Celebrate 25 Years of Innovation at VGM Heartland Conference 2026 thumbnail Celebrate 25 Years of Innovation at VGM Heartland Conference 2026 VGM will mark the 25th anniversary of Heartland Conference June 8–10, 2026, in Waterloo, IA. Registration opens Feb. 25 with a special $225 anniversary rate. Cash Flow Strategies for CRT Providers thumbnail Cash Flow Strategies for CRT Providers Explore compliant cash flow strategies for CRT providers to improve reimbursement, reduce denials, and strengthen financial stability. 2026 O&P Professional Development Grants Open for Applications thumbnail 2026 O&P Professional Development Grants Open for Applications O&P professionals are encouraged to apply for the 2026 O&P professional development grants to enhance leadership and advocacy skills. People-Centered Leadership: Master EQ for Success thumbnail People-Centered Leadership: Master EQ for Success Discover why people-centered leadership, with a focus on emotional intelligence as a new KPI, is key to success. O&P Market Dynamics: Collaboration Drives Success in 2026 thumbnail O&P Market Dynamics: Collaboration Drives Success in 2026 Learn about orthotics and prosthetics market dynamics, from innovation and reimbursement to workforce challenges, and why collaboration is critical for O&P success. Closing the ATP Gap: Mentorship, Training, and Innovative Recruitment thumbnail Closing the ATP Gap: Mentorship, Training, and Innovative Recruitment Strengthening the CRT workforce starts with robust training, mentorship, and smarter recruitment. A Letter From the President: Your 2026 Priorities and How VGM Will Act thumbnail A Letter From the President: Your 2026 Priorities and How VGM Will Act VGM & Associates focuses on your needs, offering strategic support to tackle payer challenges & improve operational efficiency for business growth & resilience. VGM Playbook: Forecasting 2026 | Key Trends Shaping DMEPOS thumbnail VGM Playbook: Forecasting 2026 | Key Trends Shaping DMEPOS Discover the top DMEPOS trends, technology shifts, and reimbursement insights shaping 2026. Explore the new VGM playbook and prepare your business for what's ahead.