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Preparing your business for succession
Manage episode 313213846 series 3262682
Content provided by Natalie Wright, Head of Family Business at Mazars in the UK, Natalie Wright, and Head of Family Business at Mazars UK. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Natalie Wright, Head of Family Business at Mazars in the UK, Natalie Wright, and Head of Family Business at Mazars UK or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
For the first episode of season 2, Natalie is joined by Alan Frost, Partner in the Consulting division of Mazars and the third and final generation of his own family business. They discuss how essential it is to involve both family and non-family members in designing a general business plan, so the business can thrive.
Defining the aims, value, and mission will lead to more open conversations around succession planning and will help determine who the future owners, leaders and managers of the business will be, accepting that these roles are not synonymous.
By aligning your business plan and succession plan you will ensure that the business has the best chance of long term continuity and success, and when the time comes you will be ready to hand over the keys.
If you have any questions or have show suggestions, please email [email protected]
Hosted by Natalie Wright, Head of Family Business at Mazars UK https://www.mazars.co.uk/Users/Our-team/Natalie-Wright
Guest
Alan Frost, Partner Mazars Consulting
https://www.linkedin.com/in/alan-frost/?originalSubdomain=uk
Links
Mazars Family Business Services
https://www.mazars.co.uk/Home/Services/Privately-Owned-Business-Services/Family-business-services
Family Business Survey 2020
20 episodes
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