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Home » family business planning

Sep 08 2015

Why Are Family Businesses Ignoring Succession Planning?

Family Business Performance

Family business thought leaders have had much to say about succession planning lately. Despite all the buzz, a study at Kent State University found that 80% of family businesses do not have a succession plan. Some commonly held misconceptions about succession may be a major contributing factor. Misconception #1: If there are no imminent retirements, […]

Written by Pete Walsh, MCC · Categorized: Succession · Tagged: family business, family business planning, family business succession, succession, succession planning

Jan 27 2015

Family Businesses Succession Planning: How to Move Forward

Succession Planning for Family Business

Family business succession planning is a series of specific steps and timelines that need to be followed to ensure success.

Written by familybusinesscoach · Categorized: Communication, Family Business, Succession · Tagged: children working in family business, expectations in family business, family business planning, family business succession planning, next generation family business, succession planning & the family business

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