Owner’s Dilemma: When Your Successor Doesn’t Want the Job

Dec 19, 2018

When a successor declines the offer to own or manage the business, understanding their motivations is key to finding a solution that benefits all parties.

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When the Business’ Successor Cup Runneth Over

Dec 11, 2018

By the second or third generation of a family business, the issue often isn’t a lack of succession candidates, but an abundance. Select with care.

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How to Bring in an External Successor Without Offending Family

Dec 4, 2018

External successors could provide as a functional bridge for the business and should be treated as an opportunity to strengthen the company.

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Owner’s Dilemma: Can you fire family?

Nov 28, 2018

An owner may need to release a family member from the business. This tough decision needs to be communicated with tact and without ambiguity.

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Owners: When You Need to Reject a Successor

Nov 20, 2018

An owner may need to reject a succession candidate and offer them another option that they may see as less glamorous. This requires both empathy and tact.

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When Owner and Successor Come From Different Worlds

Nov 14, 2018

Owners with successors from different backgrounds can upset previous communication norms and challenge the operation.This is avoided with good preparation.

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