Consequences of doing nothing

MovingOn Action Steps

The alternative to the MovingOn Action Steps is simply to do nothing. Some of the more frequently mentioned unintended consequences of doing so are:

Risking having insufficient funds to support owners and his/her family through retirement.
Paying too much in taxes.
Transitioning at the wrong or inopportune time.
Having family and other stakeholders who don’t know what owners are thinking.
Risk of selling the business for less than it’s worth.
Risk of not realizing an owner’s business and personal goals.
Not having the chance to enjoy life without the day-to-day responsibilities of operating and/or leading the business.
Creating issues of continuity, which could affect employees, customers and suppliers.