Things to Consider 

Every business is different, however, the following list of items is worth considering.  Certainly not a complete list and not all of the statements fit your situation but....things to consider.

Business sold to the next generation are usually worth more than those sold to a third party on the open market.

Sometimes the next generation is not just one, but more than one individual.  In this circumstance complementary differences is what determines success.  Competition can undermine the family.

While working in the business, all of the relationships that develop between the next generation and existing staff have been tempered with the simple reality - someday they will be everyone's boss.

You've been there through the early developmental years, the teen years, and into maturity.  When you're that close sometimes it's difficult to recognize change.  How close you are sometimes fogs observation and clouds judgment.

The next generation has their own agenda and developing involves mastering new things in new ways.  Mastering new things in new ways requires taking some risks.  Sometimes it's difficult to take risks without a coach to provide encouragement. 

Preparing the next generation is your responsibility, we however can be a valuable resource.

Developing the Plan      Working the Plan

Balance Family and Business     Create the Culture     Define & Develop the Legacy