Five Steps to An Effective Business Transition Conversation With Your Family
You’ve built a successful business through years of dedication, vision, and hard work. Now, as you consider what comes next, one question looms larger than all others: how do you talk to your family about business succession?
If you’re like most business owners, the mere thought of initiating this conversation creates knots in your stomach. You’re not alone. According to our research, the fear of damaging family relationships is one of the top concerns that prevents owners from beginning their business transition journey.