• When Is The Right Time To Have The Succession Conversation

  • Jun 3 2024
  • Length: Less than 1 minute
  • Podcast

When Is The Right Time To Have The Succession Conversation

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  • Summary

  • In our debut episode of the Business Brothers Podcast, hosts Purdeep and Harjeet Sangha dive into the critical yet often overlooked topic of family business succession planning. Drawing from personal experience within their own Indian family business, the Sangha brothers discuss the complexities added by cultural expectations and the unfortunate acceleration of their own succession planning due to their father\'s passing. They emphasize the importance of early and open communication, highlight the value of proactive planning, and offer practical advice on initiating the succession conversation with your parents. Tune in to learn why having these discussions sooner rather than later can safeguard your family\'s legacy and enhance your business\'s value.
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Economics
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