Succession planning for an equestrian business

If you own an equestrian business – perhaps a stud, riding school or trekking centre – and have always run it yourself, it can be difficult to know where to start with succession planning, but advice is available.

We know it can seem daunting just working out where to start with succession planning, but it really is worth tackling it in good time, for the sake of all involved. Succession planning for family businesses can have the added complexities of family relationships as well, but there are people who will be able to help you – even one session with a consultant who specialises in succession planning could pay dividends.

You might like to check out the FarmWell page linked below to find out a bit more about succession planning and where you might start making plans for your own business. Though predominantly aimed at supporting the farming community, you’ll still be able to find some really useful advice that will translate to succession planning for businesses in general.

FarmWell

FarmWell is a one-stop resource aimed at helping rural businesses to stay strong and resilient, including through times of change and planning for the future. Find out more about succession planning here.