Succession Planning for Family Business CEOs: 5 Critical Truths | 794

Succession Planning for Family Business CEOs: 5 Critical Truths
🎯 Episode 794 | The Inside BS Show

Are you running a family business and thinking about what comes next? Before you pass the torch, listen to this. In this episode of The Inside BS Show, Dave Lorenzo shares the five essential truths every family business CEO must know before starting succession planning.

Succession planning is NOT retirement planning. It’s about protecting your business from chaos and uncertainty—before it happens.

📌 In this episode, you'll discover:

✅ Why succession planning is about continuity, not just stepping down
✅ How to avoid the trap of promoting family over qualified leaders
✅ The role of culture and empathy in leadership transitions
✅ Critical tax and legal issues every CEO must plan for—years in advance
✅ Why communication and transparency are non-negotiable in family firms

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📞 Want help with your succession strategy? Contact us at (305) 692-5531

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