Keys to Successfully Transitioning Your Business
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Keys to Successfully Transitioning Your Business
A family business is not only a financial asset, but it is a collection of values, reputation and memories. One is not just transferring wealth, but the values that are important and that the owner would like to see continued. With proper planning, management, and family relationships, many problems can be avoided in a transition of a business from one generation to the next.
David Bohlander is a principal of Intrinsics, Inc., along with David Sauder. The purpose of Intrinsics is to cultivate and harvest business value. This unique service firm offers business acquisitions and value strategy consulting, and provides transition advisory services.