Exit Strategies, Part 2: Keeping It in the Family
"Choosing the best successor is the ...owner’s most important role as a business leader. It is never too early to start thinking about succession planning."
This article in the June issue of TCI Magazine discusses the timing, structure, valuation, and most importantly the relationships involved with an important exit strategy for your business.
Photo: Tom (left) and David Golon are working on what the future of their business will look like. David grew up working in the family business in a variety of roles that changed over time. Photo courtesy of Tom Golon.
Photo inset: August Hoppe, current president of Hoppe Tree Service, grew up in the family business. Here, his dad, Dean Hoppe, conducts business while August patiently waits to speak with his father. Photo courtesy of August Hoppe.
To read the full article visit tcimag.tcia.org or go to the link in our bio
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