Rexford Cattanach discusses the importance of business succession planning
Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-rexford-cattanach-president-of-keats-group-discussing-business-succession-planning/
Rexford Cattanach, President of Keats Group, on the topic of business succession planning. Rexford shares his journey from Deloitte Consulting to specializing in acquisitions and compensation planning. He emphasizes the importance of implementing successful plans and how his background in management consulting has helped him in the financial services industry.
Succession planning is a critical aspect of business ownership often overlooked or pushed aside by many business owners. In a podcast episode featuring Rexford Cattanach, succession planning was shown to be a vital component of a business owner’s long-term strategy and one that makes a direct contribution to higher valuation and a more favorable tax situation. Despite its significance, many business owners fail to prioritize succession planning well before their exit.
The reasons cited in the episode for not emphasizing succession planning earlier in the business lifecycle are understandable and …