How to be Smart About Business Succession Planning

Business succession planning and leadership transition is a huge topic as Baby Boomers continue to retire. In the next 10 years approximately 10 million business owners plan to sell their business to fund their retirement -- an asset transfer of nearly $10 trillion!Discover how to plan ahead for a seamless transition while still growing your business as host Hanna Hasl-Kelchner welcomes business succession planning expert and Wealth Management Advisor Todd Grantham.WHAT YOU'LL DISCOVER ABOUT SUCCESSION PLANNING: Why business succession planning is a process instead of an eventHow much time it takes to put a solid business succession plan in placeWho should be involved in helping you craft your business succession planThe 4 biggest mistakes business owners make that lead to unwanted surprisesAnd much moreGUEST: Todd Grantham is a Wealth Management Advisor who heads up a full financial planning team at Northwestern Mutual. Todd has more than 20 years of experience in the financial services industry and specializes in business succession planning -- helping business owners and professionals achieve their long term goals while protecting those they love. Tune in to hear his inspiring stories and advice on how to engineer a smooth transition.RELATED RESOURCES:Contact Todd directly. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hannahaslkelchner.substack.com