8 factors to consider as you sell or transition your family business
Sep 30, 2024
Exiting any business successfully is challenging, and that’s especially true with family businesses — whether you’re transitioning to outside ownership or the next generation.
Tackling these challenges is crucial because succession planning also involves wealth transfer for the family. Many family enterprises successfully manage these transitions, however, staying relevant in evolving markets and further enhancing the family's wealth.
Taking the time to plan is critical to a positive transition…