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The SAICA BIZ Impact podcast Season 2
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Melvin Lang AGA (SA)

Melvin Lang AGA (SA)
Don’t Risk It: Future-proof your business through succession planning

In episode 3 of the SAICA Biz Impact Podcast, Melvin Lang, Director of ML Eco Projects, shares his story of resilience and community upliftment from his hometown of Dingleton. Faced with the relocation of his community for mining expansion, Lang chose to stay and empower local SMEs through his accounting expertise.

Lang highlights the importance of succession planning for SMEs, stressing that many owners overlook it, leaving their businesses vulnerable. “The time to start planning is now,” he says, warning that unforeseen events can disrupt business continuity. He outlines key succession planning elements like setting goals, identifying key personnel, and understanding legal and tax implications. With a focus on legacy, Lang emphasizes that a successor must align with the business’s mission, ensuring a smooth and lasting transition.