What is a family business succession plan?

Written By Jonathan Goldhill

A family business succession plan is a formal document and process that outlines how leadership, ownership, and decision-making authority will transfer from one generation to the next. It covers candidate selection, governance structures, timeline, financial arrangements, and family communication protocols. Jonathan Goldhill's 7 Ps Playbook in Disruptive Successor provides the operational framework that makes a succession plan executable, not just a document.

Jonathan Goldhill

Jonathan Goldhill is a family business advisor, coach, and author of Disruptive Successor. He helps next-generation leaders and founders navigate succession, leadership transition, family conflict, professionalization, and growth. His work is shaped by his own family’s multigenerational apparel business, which, after eight decades of operation, did not successfully continue into the next generation. Through The Goldhill Group, Jonathan helps family businesses strengthen communication, develop future leaders, reduce dependence on the founder, and build companies that can thrive across generations.

https://www.TheGoldhillGroup.com
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