When you’re deep in the everyday grind of running your own business, it is often hard to find time for some long term planning…particularly succession planning. For many business owners, it is something they put off because they cannot imagine life without the business they have grown and found success in.
But wouldn't you prefer to control the direction in which you and your business are heading, instead of finding yourself in a situation where the choice of when and how you step away is taken from you?
In this episode, Alex and Dave talk about succession planning for business owners; the significance of it, and how it’s best viewed as a transitional process, evolving over a long period of time, to ensure the most effective outcome.
Start by asking yourself: What do you want your life to look like outside of your business?
Tune in to this podcast for the options available and steps that need to be taken along the way.
#legal #businessowner #WealthActivism #podcast #melbourne #succession planning
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.
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