Succession Planning for Family Businesses

Succession planning in family business is a topic often avoided by business owners, especially if you are the founder or the generation that has been involved in creating significant growth.  It’s hard to imagine not being at the helm!  But the reality is that whilst you may love your job and the business you have created, the time will come where you need to step aside and let the next generation make their mark. And, it is incredibly important to be prepared.

In this episode, Alex and Dave discuss how rethinking the approach by looking at succession planning as an opportunity can help the transition for older and younger generations.

 #successionplanning #legal #WealthActivism #familybusiness #melbourne #businessowners #podcast

David Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.