14min chapter

David C Barnett Small Business and Deal Making M&A SMB cover image

21 Hats Episode 214- Should She Buy The Family Business?

David C Barnett Small Business and Deal Making M&A SMB

CHAPTER

Navigating Family Business Dynamics

This chapter explores the intricacies of buying a long-standing family furniture business, discussing the challenges posed by shifting economic conditions and the impact of the pandemic. It highlights the considerations of succession planning and ownership dynamics among family members, emphasizing the importance of maintaining personal relationships while making business decisions. The chapter features an interactive Q&A session allowing participants to seek deeper insights into the financial aspects and operational challenges of family business transitions.

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