KEY TAKEAWAYS Effective succession planning results in a technically successful transfer of the family business and mitigates family dissent.Issues of taxes, leadership competency and family relationships should be factors in a succession plan.Agreements and plans...
Families who own and manage businesses need to plan carefully and on an ongoing basis to ensure their companies remain strong and their finances remain healthy. Here are some of the big planning mistakes to avoid in your family business. Family businesses are...
