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We're back with Rebecca Hurst, Attorney and Managing Partner at Smith Hurst PLC to take a deep dive into business succession planning—a critical but often delayed part of building a sustainable company. Discover why succession planning should begin early, ideally during your business’s growth phase, and why it’s not a one-time event but an ongoing strategy. Together, we break down what succession planning actually involves: developing a roadmap for transitioning leadership and ownership, identifying key roles and potential successors, and ensuring a smooth handoff whether to internal leaders or outside buyers.