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How and When to start Succession Planning
Episode 1118th January 2021 • The Family Business Podcast • Russ Haworth
00:00:00 00:24:17

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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!

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