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: firstname.lastname@example.org or head over to www.familybusinesspartnership.com
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