EPISODE · May 18, 2025 · 10 MIN
How to Develop a Succession Planning Program | 811
from Inside BS Show · host Dave Lorenzo
“Succession planning is the key to unlocking freedom and value in your family business.” What You’ll Discover Today: If you own a family business and want to protect its legacy and value, you need a rock-solid succession plan. In today’s episode, Dave Lorenzo walks you step-by-step through the exact process he uses with his clients to build a succession planning program that works. Key Topics Discussed: -- Why every position in your company must have a written job description -- How to track and document real-world tasks to align with role expectations -- The three task buckets: Admin, Management, Leadership -- How to build training programs around these roles and tasks -- When to start training someone for their next position -- Why 80 percent mastery is the magic number for promotion -- How this system builds business value and leadership continuity Links and Resources: Subscribe Via Email: GetInsideBS.com Listen on Spotify: Inside BS Show on Spotify Listen on Apple Podcasts: Inside BS Show on Apple Podcasts Call Us: (305) 692-5531 Call to Action: Succession planning isn’t just for retirement. It’s how you build a business that can run without you. Tune in to this episode and take the first step toward building a sustainable and scalable company.
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How to Develop a Succession Planning Program | 811
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