An overview of how to plan for succession, what steps to take to make the transition and how to create your legacy.
Family businesses—much like families—are complicated. That fact, however, doesn’t mean a family business succession can’t be smooth. The most successful family business successions occur when the senior leader understands the need to start the process early, is willing to ask the difficult questions—and accept being uncomfortable until those questions are answered.
In this guide, you’ll get an overview of how to plan for and make the transition from one generation to the next for your family business.