Ownership Transitions


Published: 2013 05 20 | Views: 6904
“Shirtsleeves to shirtsleeves in three generations” is the norm with family businesses. Another way of describing it is the first generation makes it, the second generation preserves it and the third generation spends it. Business owners in their 50s, 60s and older looking to transition their wealth to the next generation often ask themselves if their family will be in the same position. They wonder if there is some way that their family can beat the odds so that subsequent generations in their family do more than just preserve or certainly spend what has been built up.


Published: 2012 11 12 | Views: 23
The question for family businesses in transition or looking to transition is what lessons can be learned from those who have managed to beat the odds.

The 5 Keys To A Successful Succession Plan

Published: 2011 01 24 | Views: 3224
In over 30 years advising families in business, I have seen the good, the bad and the ugly in terms of what the business can do to the family and what the family can do to the business.

The Equitas Transition Plan™ Q&A

Published: 2010 05 19 | Views: 3706
Transition planning for a business owner is a concept that is bandied about by so many, yet successfully done by so few. Why that is the case is not as important as what steps should be taken to make transition planning a more successful exercise.

Secret Weapon to Successful Generational Transition

Published: 2008 06 30 | Views: 4881
There is an epidemic about to occur in Canada and the United States as the baby boomers begin to retire. Many of these baby boomers created businesses as a means to support their families and have been very successful at doing so. But now, as they reach retirement age, many of their businesses are going to be changing ownership – a process that has proven difficult for most.
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