Beyond Succession

Beyond Succession: Navigating Complex Emotions and Visions for the Future

Leah Tolton KC, FEA
Sep 28, 2023
Beyond Succession Episode 2: Family Business Succession Planning: Navigating Complex Emotions and Visions for the Future
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Welcome to Beyond Succession, the podcast where your most pressing questions about future-proofing your business are answered. Whether you are a family business owner, stakeholder or keen entrepreneur, this podcast is a valuable tool that addresses topics around navigating the complexities of the family enterprise. Join Leah Tolton, a seasoned family enterprise and corporate lawyer who is passionate about helping family enterprise businesses, as she explores topics of governance, succession and growth.

In a recent KPMG Survey to Family Enterprise owners, nearly 8 in 10 business owners are developing a succession plan or expecting to transition the business to the ‘next gen’ within three years. This massive shift in family enterprise ownership means that many families will be going through tough and often difficult discussions around the future of the family business. Choosing the next torchbearer for a family enterprise is more than just a business decision; it's a blend of legacy, emotions and future vision, and the road to smooth transition can often be filled with potential pitfalls.

In this episode, Leah welcomes special guest Gregg Becker of Predictable Futures to talk about key considerations surrounding the continuity of the family enterprise. Join us as we address the unique challenges, and potential solutions, for businesses standing at this pivotal juncture.

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