Beyond The Family Business Tammy Buss: Family Business Advisor, CEO & Grandmother
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May 16, 2025 Tammy Buss, a seasoned family business advisor and owner with over 30 years of experience, shares invaluable insights into navigating the complexities of family business dynamics. She discusses the importance of communication and transparency during succession planning. Tammy highlights the emotional challenges of selling a family business and maintaining family unity. She also explores the balance of grandparenting with business involvement, sharing personal stories on building a financial legacy and the joys of nurturing grandchild relationships.
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Unrecognized Family Business Evolution
- Many solo entrepreneurs evolve unknowingly into family businesses as their companies grow.
- Early focus is on craft and customers, and only later do family business issues arise.
Focus Shifting to Family Alignment
- Tammy evolved from an insurance advisor to a family business advisor focusing on family alignment.
- She realized the family dynamic needed more attention than just business and financial aspects.
Learning from Selling Her Business
- Tammy Buss learned the importance of communication after selling her business without fully informing her family.
- She emphasizes hiring a third-party facilitator to ease difficult family business conversations.