All In The Family, Business That Is

Fact: Family businesses generate over 50% of the GNP.

Fact: Less than one third of family businesses survive the transition from first to second generation ownership. Another half don’t survive the transition from second to third generation.

Fact: Scooters  offers no less than 20 flavors of frozen custard.

From Berkshire Hathaway and Wal-Mart to Scooter’s Frozen […]

By | October 6th, 2009|Business Mediation, Family Business|Comments Off on All In The Family, Business That Is

The Most Important Question When Selling Your Business

I work with alot of owners who are selling their businesses after a lifetime. Many have had their businesses 25, 30, and even 50 years. The first question I always ask to ensure they are ready to sell is:

“What are you planning to do the day after you sell your business?”

If they do not have […]

By | October 27th, 2008|Family Business|Comments Off on The Most Important Question When Selling Your Business