Bradley Franc recently delivered a standout presentation at the National 2023 ALI-CLE, focused on "Estate Planning for the Family Business Owner." His talk, titled "Where Do You Want to Go: Finding Your Process," was a deep dive into assisting family businesses through crucial transitional phases. He emphasized strategies for helping the older generation in smoothly transitioning leadership and equipping the younger generation to sustain and grow the business's legacy. This session was a key part of a broader conference that tackled the complex interplay of succession planning and tax considerations in family businesses. Franc's insights were particularly valuable, offering actionable advice to legal and industry experts who seek to navigate these challenges effectively.
Brad Franc’s Cover Story Feature for Manage HR Magazine
The Succession Solution is recognized by Manage HR as The Top Succession Planning Service Provider in 2023.
Read the full Manage HR article here
Best Lawyers in America 2024
The Succession Solution’s visionary founder, Bradley Franc, recently received a prestigious nod, being lauded as one of The Best Lawyers in America 2024, a testament to his enduring commitment to excellence in the legal arena.
Mastering Business Succession with Bradley Franc
Join us for an enlightening exploration of succession planning with Bradley Franc, the visionary founder behind The Succession Solution. With an impressive 30-year track record, Bradley's deep-rooted expertise in law, business, and accounting sets him apart.
Vision, Trust and a Plan Perfects Your Legacy with Bradley Franc
Angelina Carleton speaks with Bradley Franc, Esq. about designing legacies when ‘fair may be equal but equal may not be fair’. When only 15% of failure is due to a technical issue, it’s time we spoke more into communication and trust so transitions from “He’s the Guy!” to “Who’s He?” can be easier in the reality of change. If you are a business owner, or a Next Gen, tune in now to learn how to get started in the conversations around succession.
Brad Franc, Founder of The Succession Solution: Lessons in Succession Planning
Brad Franc is an accounting major who initially pursued a career in the field. He successfully landed a job at a prominent company and worked there for four years. However, he realized that the interesting work in the tax department was being done by lawyers, which sparked his desire to become one.
Shelf Confidence
When, why and how: Succession planning with Federated Insurance.
You're in the middle of running a successful business—it's too early to think about succession planning, right? Actually, Brad Franc, an attorney with Federated Insurance, says it's never too early. Brad joins Pennsylvania Food Merchants Association’s Shelf Confidence podcast to talk about when, why and how a business and family can develop a successful succession plan to prepare for the day top leadership is ready to move on.
Brad Franc On Why Succession Planning Today Has You Prosper Tomorrow
Increase the Value and Maintain the Values
The Succession Solution: Discover, Define, and Deploy Your Transition Plan
The Importance of Succession Planning, with Bradley Franc
Bradley Franc is the creator of The Succession Solution. He is an accomplished entrepreneur, business coach, strategist, business lawyer, and CPA (inactive). As an entrepreneur he has formed four separate companies which have been named nine separate times in INC Magazine list of fastest-growing companies in the U.S.
E17: Strategic Planning for Succession, Bradley Franc | Season 1 Finale
On the Season 1 Finale, Bradley Franc, author of The Succession Solution, joins Laurie Barkman to discuss how business owners can bring the future into the present by including transition planning as part of strategic planning. Listen in as they discuss Bradley's framework to identify obstacles and develop a roadmap forward. Bradley also shares succession stories where obstacles broke up the company and the family.
Episode 137: July 1, 2020
Seventy percent of all businesses fail to survive past the first generation of business owners. One reason for the failures is the lack of succession plan. Our guest today says not only should family and closely-held businesses have succession plans, but creating one greatly increases the odds of a successful leadership handoff and a bright future for the business. Brad Franc is the author of “The Succession Solution: The Strategic Guide to Business Transition.” He’s an attorney, entrepreneur, and business strategist who has helped countless businesses make positive leadership transitions. He joins us today to talk about succession planning and the system he created that guides businesses through this important step.
Fair May Be Equal, but Equal May Not Be Fair
By Brad Franc
For centuries, scholars, business owners and society have debated about how we can decide what is fair and how we can develop a fair process. After all, how can we possibly consider all the factors involved in being fair? What factors should we ignore or prioritize? Do we look to the past to determine who should be rewarded in the future? What happens if our outcome is different than what we had anticipated? Do we try to modify something else to address the unintended result?
The Succession Conundrum
By David Ward
Amidst a decline in CMO tenure, companies weigh promoting from within or hiring from outside the organization February 7, 2020
A classic case of the cobbler's kids having no shoes? While companies scramble to build brands, engage consumers, and drive sales, they may be neglecting cultivating senior marketing employees who can take charge or step into the lead marketer role if there's a sudden departure of the CMO, a recent report finds.
The Succession Solution: The Strategic Guide To Business Transition
Hit #1 Amazon Hot New Releases in Entrepreneurship Management.
If you are a business owner, or you are working with one, then this book is for you. The Succession Solution provides both an explanation of the importance of succession planning, as well as a practical, straight-forward, and proven system that can be used to continue your business to the next generation, whether your successor is a family member(s), an employee, or a third party.
PITTSBURGH‘S OWN BRAD FRANC TOPS AMAZON CHARTS
Pittsburgh, PA– May 13, 2019 – Accomplished attorney, entrepreneur and business strategist Brad Franc, a Pittsburgh native, can now add best-selling author to his growing list of accolades. The Succession Solution: The Strategic Guide to Business Transition, published in April of this year, has reached the distinction in three different management categories on Amazon.
Franc began his career as a CPA at the international firm now known as EY. Today he is an attorney, director, and shareholder at the law firm Houston Harbaugh, a company he has been with for over 30 years. Franc has also founded three businesses: PCN Network, Medallion Analytics, and Legal Network, reaching nine times INC. Fastest Growing Private Companies.
The Succession Solution provides both an explanation of the importance of succession planning, as well as a practical, straight-forward, and proven system that can be used to transition businesses to the next generation. Franc’s method has already been used to assist several local businesses in western Pennsylvania.
“From day one, Brad, with the use of The Succession Solution, generated motivation and optimism in regards to increasing profitability and strategic company-wide planning. The 12-month result was sensational and eye opening to say the least,” said Robert J. Wade, President of Wade Heating and Cooling Inc. and Pittsburgh Ductless LLC.
Franc has counseled hundreds of closely-held business owners on their business continuation and succession plans, and rave reviews of The Succession Solution continue to pour in.
“If you own a business you are proud of, then you owe it to yourself, your employees, your customers, and your family to read The Succession Solution,” said Lee Brower, the Founder of Empowered Wealth, LLC. “It is a powerful tool for making a difference in your business.”
The Succession Solution is available for purchase through Amazon, and it is a must-read for any business owners hoping to transition to new leadership effectively.
The Succession Coach LLC
Pittsburgh PA
Episode 22: Surviving the Business Transition with Brad Franc
Succession Planning is an unfamiliar challenge for most business owners. The anxiety of planning is often aggravated when family members are involved in the business.
Our guest today is Bradley J. Franc. In his new book The Succession Solution: The Strategic Guide for Business Transition, Bradley provides both an explanation of the importance of succession planning, as well as practical, straightforward and proven system that can be used to continue your business in the next generation, whether your successor is a family member(s), an employee, or a third party.
To learn more about the Tennessee Center for Family Business, visit our website at: www.tncfb.com
Sage Podcast - Brad Franc
Brad Franc on the difference between having an exit strategy and a succession plan.
Brad Franc is the creator of The Succession Solution. He is an entrepreneur, attorney, and business strategist who specializes in the transfer of family and closely-held businesses. Brad began his professional career by becoming a CPA and with for the international’s firm known as EY. He has counseled hundreds of closely-held businesses owners on their business continuation and succession plans.
Why Business Succession Plans Fail And How To Beat The Odds
As a business leader, you face countless challenges in keeping your business running.
You are well-armed and experienced for most of these challenges, however, one challenge many find particularly daunting is the succession of a business. The transition can include the transfer to a family member, to a key employee or a sale to a third party.
It is a challenge, but you must eventually decide the future of your organization.
Without an effective plan for the succession, it is very likely your business will diminish or even fail altogether. Statistics show that approximately 75 percent of all businesses fail to survive past the first generation of owners. More than 85 percent fail by the third generation, and over 95 percent fail beyond that.