Succession Planning for SMEs

Episode 55 Succession Planning for SMEs: With or Without the Next Generation Guest: Suraj Malik , CEO , Legacy Growth Welcome back to MSME TALK® with Industry Expert. Industry Expert segment brings Industry Expert who discusses on specific topic relevant for MSMEs, Startup to scale up and build long-lasting Businesses. Why did we do this episode: Even successful Businesses in other countries are closing because of succession issues , we are witnessing the same in India. Hence we want our Business Entrepreneurs to warm up for Business Legacy. 𝐆𝐮𝐞𝐬𝐭 : Suraj Malik is Succession Strategy and M&A Expert providing guidance to Founders, Promoters & Family Offices . He holds extensive experience in setting up and managing family offices and trusts to help business owners drive effective succession planning, wealth presentation and estate planning all aimed at Legacy creation. In this episode, we explore: TimeStamp 00:00:00 - Teaser 00:02:00 - Whats ahead in Episode 00:02:00 - Introduction & Context 00:02:23 - Meet Suraj: Legacy Planning Expert 00:03:17 - Why Suraj Chose Succession Planning 00:05:01 - Current SME Succession Scenario in India 00:08:30 - Future Trends in SME Business Legacy 00:10:55 - If Next Gen Takes Over: Grooming & Structures 00:12:36 - If Next Gen is NOT Interested: Alternatives 00:17:18 - How Professionals Can Bridge Succession Gaps 00:23:00 - When Selling Becomes the Best Option 00:26:07 - Mergers & Partnerships for Continuity 00:31:10 - Do Employee Buyouts & ESOPs Work 00:34:27 - How to Choose the Right Succession Option 00:38:05 - Most Common Succession Path in India 00:39:51 - The Most Difficult Yet Beneficial Choice 00:41:22 - First Steps for Non-Family Succession 00:46:03 - Challenges Without Documentation & Systems 00:49:00 - Valuation & Tax Planning in Succession 00:52:08 - Legal Structures that Smoothen Transition 00:54:00 - Preserving Founders Trademark, Name & Legacy 00:56:00 - Cultural & Emotional Barriers in Succession 00:58:21 - How Founders Accept Letting Go 01:01:00 - Action Plan: 3 to6 Steps for SMEs Succession Hey MSME TALK listeners! Hope you have not missed subscribing to our newsletter for the latest news, blogs, and podcast updates. We don’t spam your inbox , hence we have highest rate of letter opening in Industry.

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Succession Planning for SMEs is an episode from MSME TALK by Tripti Sharma .

This episode is 70:00 long.

This episode was published on Oct 12, 2025.

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