How and When to start Succession Planning
Play • 24 min

Succession Planning is a complex process, there are many moving parts to it and lots to consider. This can put a lot of people off starting the process or leaving them not knowing how or when to start.

In this episode I share some tips on how to get started.

1 - Start Early

2 - Separate out the different elements of succession

3 - Look at the role of Family Governance

4 - Keep an open mind

5 - Have open and honest conversations

I also cover when to get started and without wanting to ruin the surprise, the answer is NOW!

Work With Russ

If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: russ@familybusinesspartnership.com or head over to www.familybusinesspartnership.com

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