Business Evolution: Succession Planning

04/06/2025 25 min Episodio 14

Listen "Business Evolution: Succession Planning"

Episode Synopsis

We're back with Rebecca Hurst, Attorney and Managing Partner at Smith Hurst PLC to take a deep dive into business succession planning—a critical but often delayed part of building a sustainable company. Discover why succession planning should begin early, ideally during your business’s growth phase, and why it’s not a one-time event but an ongoing strategy. Together, we break down what succession planning actually involves: developing a roadmap for transitioning leadership and ownership, identifying key roles and potential successors, and ensuring a smooth handoff whether to internal leaders or outside buyers.