8 Succession and Exit
What I Learned from Transitioning Out of Our Family Business
After 15 years in my family’s business, I’ve lived the highs and lows of working with those you love. In this post, I share what I’ve learned about leadership, succession, and the real dynamics behind family-run companies—and why outside help made all the difference.
Read MoreWhy Profit Isn’t Enough: The Importance of Building Business Value
Why shifting your growth focus from revenue to value will both lead to a stronger business and give you more options in the future.
Read MoreHow Family-Owned Businesses Can Prepare for a Smooth Succession or Exit
Succession in a family-owned business doesn’t have to be messy or uncertain. Learn how to prepare for a smooth transition with the right planning, systems, and support.
Read More10 Options for Providing Financing to a Prospective Buyer of your Family Business
Owner financing might sound complex, but it’s essentially a way for owners to sell their business while playing the role of the bank.
Read More10 Steps to a Successful Succession
Follow our 10-step succession plan to pave the way for a successful transition, securing the future of the business and its legacy.
Read MoreExit Planning Q&A with Rob Ferguson
Key takeaways and transcript from Rob’s interview about family business succession planning on the Influential Entrepreneurs podcast.
Read MoreWhy Ownership Transition Is Crucial For Family Business Longevity
Ownership transition is always a tricky issue, and that’s never more true than when dealing with a family business. Here are some tips that can help.
Read More5 principles for effective family business succession planning
Family business succession planning can challenging due to the overlap of business and family. Here are 5 principles to guide you.
Read MoreWhat to do with your family business when you’re ready to retire?
Most business owners wait too long to answer this question. If you’re still 5 or more years away from retirement, NOW is when you need to think about the following
Read More14 questions to consider when thinking about selling your business
What information should I provide to prospective buyers? What is the current market value of my business? +12 more questions to consider
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