A common question we here from business owners is “How in the world do I decide whether I should sell my business or pass it on to my children?”
Common concerns include whether their kids actually want it or would they rather do something else; and if they do want it and multiple NextGen are in the business, how do they pick the right one. Frustration about figuring out what is best for the business and the family is very common amongst business owner.
Click the following link to read Dan Iosue’s article on the Multi Unit Franchising website titled: Unite Your Children in Determining the Legacy of Your Business
Read the article and then contact us to get some insights on your own scenario. Even if you don’t become a client, 15 minutes with Dan may give you insight into how to overcome your challenges. Contact Us
Family Dynamics and Family Governance
Family Dynamics and Family Governance
Family and Business alignment is hard to find when business issues liven up family dynamics.
However; with proper process, governance policies, and mutual respect built over time, a Family Business can thrive through multiple generations. Click the following links for more drill-down resources on Family Dynamics and Family Governance.
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We can help you with insights, other resources, and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas you can apply to your business right away.
