Succession is not easy and it is often very personal and sometimes it just seems easier to defer decisions. However, this can be fatal to achieving a successful outcome. Being able to step away from a business that you may…
Are Your Shareholders Aligned And Committed? #succession
The ability of the family leadership to build strong and viable businesses is dependent upon maintaining the support and confidence of its shareholders. Leadership should never take for granted the support of its shareholder team, and especially so where there…
‘This Business Isn’t Big Enough For All Of Us!’ #succession
Are you a member of the family business’s current leadership and feel like the younger ones just want you gone? Well, do something about it! There is often a ‘catch 22’ that arises in family business succession around the timing…
‘Who Should Own The Business?’ #succession
Your transition plans are well in place but a niggling question of who should own the business continues to surface. It is a good question that must be considered carefully. If you are transitioning the business across to the next…
‘Why Don’t We Just Sell?’ #succession
Sometimes just selling the business is seen as the easy answer to succession, but often it is also the wrong answer. If you are considering selling your business then look at the implications from a net wealth, unity and legacy…
