How Should I Manage My Dad’s Business?
The EntreLeadership Podcast
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Succession Planning in Family-Owned Businesses
The chapter delves into the complexities of succession planning in family-owned businesses, exploring different scenarios and considerations such as managing ownership transitions, dealing with family dynamics, and navigating emotional and financial implications. Practical advice is offered on creating exit plans, setting fair agreements, and fostering effective communication in the succession process.
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