Tag: Succession Alternatives

In the course of planning for the future of the family business, there are sometimes reasons to consider splitting up.

Here are three resolutions for a smoother family business transition.

Focus on these three lessons to ease the transition.

I’m fond of saying that good succession planning doesn’t lend itself to one-size-fits-all solutions. Every family may face similar issues, such as retirement, land transitions, off-farm heirs, returning family members, growth opportunities or even spousal conflict. Yet each family’s history, relationships, culture, business strategy, expectations, personalities, and assumptions combine to form a unique, dynamic and […]