FBA: What's Next? (Jun 2025)

FBA: What's Next? Planning for Succession Success

Succession planning is one of the most critical—and often most complex—aspects of running a family business. Whether you're considering a third-party sale or planning an internal family transition, the path forward requires foresight, preparation, and strategic thinking.
 
Join the Family Business Alliance for an informative session led by Michael Koch & Ryan Hurst from RKL, who will provide a broad overview of the key stages and components of succession planning. From understanding your options to identifying potential roadblocks, this session will focus on how to set business owners up for long-term success and ensure a smooth transition of leadership and ownership.
 
This event is perfect for business owners at any stage of their succession journey—whether you’re just beginning to think about what’s next or actively preparing for a transition.

____

Michael Koch | RKL LLC
As a natural-born problem solver, hard work has always been one of Michael Koch’s core tenets. As RKL’s Valuation Practice Leader, he turns that hard work into tangible results for his clients. Throughout his more than 16-year career, he’s learned that sharing a common goal with his clients is a key part of his role as a trusted advisor.

Mike’s attentiveness to his clients allows him to build strategic partnerships with them, viewing their growth and success as his own. With experience in valuation, financial modeling and projections, and litigation support, he serves clients in a wide variety of industries. An active listener with a propensity for numbers, Mike was drawn to this profession for the opportunity to work directly with his clients to achieve real results.

A Certified Valuation Analyst (CVA), Mike has performed engagements for gifting, estate planning, buying or selling a business, and other analysis and consulting. His team-forward approach enables him to serve his clients reliably and consistently exceed expectations.

Ryan Hurst | RKL LLC
Growing up in a family owned business household gave Ryan Hurst a firsthand appreciation for the hard work involved in running a successful company. Over the course of his nearly two decade career, this perspective proved valuable as Ryan carved out a professional niche of helping owners identify their vision for the future of their businesses and translating that vision into reality.

A Partner in RKL’s Business Consulting Services Group, Ryan oversees the firm’s suite of financially oriented consulting capabilities, including transaction advisory, valuation, litigation, succession planning and forensic accounting. He leads workforce development, client experience and quality control initiatives in these service areas. Ryan also plays a key role in the firm’s Private Wealth continuum of wealth management, tax and advisory solutions for high-net-worth families and individuals.

Ryan is also an in-demand transaction consultant specializing in mergers, acquisitions, succession planning, valuation, employee stock ownership plans and strategic alternatives analyses. He starts every business and ownership transition with a transparent discussion around the owner’s goals and priorities. This approach allows Ryan to deliver the utmost value and earn the trust of his clients during what can be a complex stage in a company’s lifecycle.