It’s generally thought that there are several cycles that reflect where a business is in preparedness for a sale. These capture the economy, the market, and the mindset and planning of the business owners. From…
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GMB Ep #110: Navigating Family Business Successions With Stephen Shortt
A lack of succession planning can have disastrous consequences for a business, especially when your business is family owned and operated. This week on Grow Money Business, Stephen Shortt, an expert in family business succession…
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Episode #59: Everything You Need to Know About Buying & Selling Small Businesses With Greg K Williams
In today’s episode, we have another distinguished guest: Greg K Williams. Greg is a certified mergers & acquisitions professional who has years of experience helping business owners and buyers through the process of…
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Family Business Succession Planning: 3 Best Practices & A Review of the Statistics
If you’re reading this post, you’re probably familiar with the statistics: the failure rate for second generation family businesses is very, very high. When you consider the fact that family businesses make up about 60%…
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