Keeping the Business in the Family

Whether selling your business to other shareowners, to family members, to employees, or 3rd party, One way to make the planning process easier is to begin with the end in mind

Designing a plan to sell to family members often requires additional planning. Done improperly can cause both the business and family unity to suffer
Structuring the best family transition plan, one that meets the needs of the seller takes time to develop.

Personal Exit
1. Core values, technical and transferable skills, character traits = Company
2. Thinking process employee vs owner
3. Time to develop skills
4. Get involved in decision making process
5. Further refine systems
6. Ensure dream team is cohesively working together (fairness, tax efficiency, show typical share transfer, into estate)