The Leadership Transition: A Practical Guide to Succession
Succession planning is critical to protecting the future of a home furnishings retail business, yet many owners wait too long to start. Whether the transition involves family, internal leadership, or an outside buyer, preparation can make the difference between a smooth handoff and unnecessary disruption.
Join the HFA CEO for a practical conversation with retailers and industry experts on how to prepare for succession and position the business for a successful transition. This discussion will explore the steps retailers can take to strengthen operations, clarify leadership, reduce risk, and build confidence with employees, lenders, vendors, and other key partners.
Panelists:
Lee & Terry Resnick, Consultants, Resnick Succession Group
Lee and Terry Resnick are partners at the Resnick Succession Group. They are nationally recognized consultants and educational speakers specializing in business succession, estate planning, and life insurance strategies. They help privately and family-owned businesses across the country protect their value, maintain continuity, and prepare for successful transitions to the next generation or outside buyers.
Richard Smith, Financial Planner, Edward Jones
Richard Smith, ChFC®, CEPA®, CRPS™, SE-AWMA™, is a financial advisor and financial planner for Edward Jones. With expertise spanning financial planning, business exit strategies, retirement plans, and specialized wealth management, he helps clients navigate complex decisions with clarity and confidence. Richard Smith brings a practical perspective on preparing for the future and building a thoughtful transition plan for your business.
