When Founders Delay Naming a Successor
Postponing the successor conversation rarely protects the firm. It usually shifts pressure onto managers, spouses, and the next generation at the worst moment.
Guides
Notes from succession work
Short articles on timing, ownership structure, readiness, and the particular pressures on rural and regional private firms.
Separating Ownership from Day-to-Day Control
Shareholders and managers are not the same role. Firms that confuse them struggle when a non-working owner wants dividends while an employed sibling runs the floor.
Readiness Signals Before a Handover
A successor who knows the products is not automatically ready to hold the client book, the bank relationship, and the staff. Look for a short list of concrete signals.
Succession Constraints for Rural and Regional Firms
Distance from advisors, thin local labour markets, and deep community ties change how succession works outside the capital cities.