A New Year, Another Chance To Secure The Future Of Your Family Business
This article first appeared in Forbes. As last year came to a close, you made one list and checked it twice. With January 1 on the horizon, you made another list. A list of resolutions. For the long term stability of your business, succession planning needs to be on...
Owner’s Dilemma: When Your Successor Doesn’t Want the Job
You’ve sorted through the ranks and found the perfect person to take over the family business . Unfortunately, they’re not so convinced. You’ve done everything you could—sweet talk, flattery, and so on—but they’re not budging. They simply do not want to own or manage...
When the Business’ Successor Cup Runneth Over
Too much of a good thing… Whether we’ve had one ice-cream scoop too many, or we’ve spent a little too much time in the sun, we all know the meaning of those words. While many owners approach succession as the proverbial search for a ‘needle in a hay stack,’ we often...
How to Bring in an External Successor Without Offending Family
You’re a family business owner operator with retirement on your mind, but there’s a problem. There is not viable successor in sight. You’ve combed the ranks and imagined each of your key stakeholders as a potential successor, but no one fits the bill. You’ve racked...
Owner’s Dilemma: Can you fire family?
You’ve sorted through the field of potential successors and have made a final decision. Good for you. Your successor is thrilled, but what about the other candidates? Of course, several of them will either remain in their current positions or transition to other roles...ABOUT US
We help business owners ensure continuity by planning for tomorrow while securing the business for today.
Recent Comments