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The Business WithinThe Business Within
A new study titled Don't Lock Me Out: Life Story Interviews of Family Business Owners Facing Succession, by Alexandra Solomon, et. al,1 analyzes life-story interviews obtained from 10 family business owners regarding their experiences with the goal of understanding the complexities of business succession. Succession planning for family business owners has two primary components: business and human.
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David Thayne Leibell, partner in the Stamford, Conn. and New York City offices of Wiggin and Dana
A new study titled “Don't Lock Me Out: Life Story Interviews of Family Business Owners Facing Succession,” by Alexandra Solomon, et. al,1 analyzes life-story interviews obtained from 10 family business owners regarding their experiences with the goal of understanding the complexities of business succession.
Succession planning for family business owners has two primary components: business and human. Business components relating to successful family business succession include having a proper business strategy, effective management succession and a tailored estate plan, including a buy-sell agreement. These business factors occur within the do...
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