Heir Preparation & Selection
Deciding who leads the company next (whether in the first chair or a supporting role) is a key responsibility of the current company leadership and
Deciding who leads the company next (whether in the first chair or a supporting role) is a key responsibility of the current company leadership and
Most successors I meet are more than ready to go. Generally, they are even somewhat frustrated by the hesitation of the Founder to get out
Mechanisms For Family Buy In Recently we held a first Family Council for a business transitioning between generations 2 and 3 (with the Founder still
Entrepreneurs looking to transition their business – whether to the next generation, non-family management, or via sale to an outside party – need to consider
Entrepreneurs generally don’t like to think about mortality – especially their own. I recently had a situation that brought this home in a personal way.
As the owners of family businesses age, a common question often arises about whether to sell the business to the highest bidder, or pass it
Many family business leaders I speak with are confused about how all the various advisors fit into the transition and succession picture, and how the
Family businesses have many strengths which generally flow from their values of loyalty, harmony and long-term views of ownership. I believe these values account for
When we meet with business owners, we tend to ask questions relating to what they want to have happen when they transition out of their