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.
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
Russ discusses when to get started, and, without wanting to ruin the surprise, the answer is now!