In this week's episode of The Business Coach Podcast, host David Finkel discusses the crucial topic of succession planning with esteemed attorney and personal friend, Alan Gassman. With over 35 years of experience in estate planning and asset protection, Alan shares practical insights that every business owner needs to consider. They cover real-life scenarios where businesses faltered due to lack of preparation, the importance of having non-compete and non-solicitation agreements, and three simple but powerful steps to ensure your business can survive in the event of incapacity or death. Don’t miss Alan's final thoughts on the emotional and practical imperatives of succession planning.

00:00 Setting the Stage: The Importance of Succession Planning
00:34 Introduction to the Business Coach Podcast
01:04 Meet Alan Gasman: Expert in Estate Planning
01:35 The Critical Need for Succession Planning
05:26 Real-Life Examples of Succession Planning Failures
09:51 Steps to Effective Succession Planning
20:38 The Role of Non-Compete and Non-Solicitation Agreements
30:45 Final Thoughts and Actionable Steps
36:49 Conclusion and Takeaways
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