The Full Bottle Podcast (Citrus Australia)- Succession Planning

Recently Janine sat down with Gabby Torpey (Media and Communications Officer) from Citrus Australia to have a chat about all things Succession Planning for their monthly podcast, The Full Bottle.

You can listen to this podcast by clicking on the following link: Citrus Australia - The Full Bottle. Ep 7: Planning the Next Generation

Key takeaways from this conversation include:

• Succession Planning is about having a flexible plan for the future.

• Start earlier, rather than later.

• We often plan for the voluntary exit (i.e. retirement), but consideration should also be given to an involuntary exit (ill health, injury, death).

• A range of factors can be impacted as a result of succession planning, so it’s important to have a team of Advisers working together, for you, that help you to understand all of these aspects.

Please note that the information contained within this podcast is general in nature only, and does not constitute personal financial advice.