This Leadership Structure Is a “4-Headed Monster”
The EntreLeadership Podcast
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Navigating Family Business Succession and Estate Planning
This chapter explores the complexities of leadership and succession planning in family-run businesses, focusing on the importance of clear structures for ownership and decision-making. It discusses estate planning, including the setup of trusts to manage assets and mitigate tax implications, as well as contrasting philosophies on inheritance among family members. The conversation emphasizes the need for effective transitions of leadership roles to ensure both business continuity and personal development within the family.
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