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"50 Hurdles provides business owners and their advisors
readable, authoritative business transition guidance.
Normally the only way to get advice steeped in this much
experience is to pay $300 - $800 an hour for it."
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Family Business Transition Planning
50 Hurdles: Business Transition Simplified
Did you know? Most inter-generational business transitions have a surprisingly low success rate:
Our book 50 Hurdles discusses important family business transition planning concepts and considerations other literature does not do in the same way, including:
- Why family business owners need to act now, and not procrastinate over family business transition planning! Why? Because planning and acting now is imperative in our (1) current “new economic & business normal”, and (2) aging business owner demographic
- Why concurrent planning for both arm’s-length business sale and family business transition planning is a complementary, not conflicted, strategy
- Why continual improvement in family business corporate governance is fundamental to successful family business transition planning
- The reasons continual growth in business value and free cash flow is imperative to successful generational business succession
- The importance in family business transition planning of business owners and their advisors having a working understanding of important business valuation concepts and issues, including business synergies, globalization and technological advances that are likely to impact many family businesses