Increasing the Probability of Successful Family Business Transitions

For family-owned businesses where personal relationships are entwined with the success of the business, successful transitions require careful planning. Whether you are contemplating selling the business to a third-party buyer or moving the business down to the next generation, there are several important family business best practices that family business owners should plan for and consider institutionalizing well in advanceof the transition. Some best practices relate more to the finances of the business, while others are interpersonal family issues, but all are critical to the succession of the legacy you have worked so hard to create. Join us on this webinar as representativesfrom Abbot Downing draw on years of applied research and professional practice in family business transition planning to discuss some of the key elements and best practices that can help increase your odds of a successful family business transition.