Succession Isn’t a Transaction, It’s a Transformation
FP Advance
If you’re thinking about second generation (G2) succession, not sale, for your business, there are two distinct transitions you need to master:
Ownership and Leadership.
And they’re not the same thing.
The ownership piece is all about the numbers – and it’s where most founders get stuck.
“How will my G2 successors ever afford to buy my business if it’s worth £2M, £5M or £10M?”
It’s a fair question. But honestly? If money’s the only problem, there’s always a solution.
The leadership transition is where the real challenge lies – and where most succession plans fall apart. It takes time, intention, and a serious commitment to developing your next generation of leaders. Sadly, most owners leave this too late.
Join Brett Davidson, founder of FP Advance and the Uncover Your Business Potential programme, for a practical and provocative deep dive into what real succession planning looks like.
Learning objectives:
- Why ‘hiring the chosen one’ is risky and why it’s smarter to nurture leadership competition as your business grows
- The key ingredients for a smooth, successful transition of ownership and leadership
- What you need to be working on now to prepare G2 leaders who can take over in 3 – 5 years (not 20+)
