Family business succession issues will not be fixed by magic

The greatest  value I can add to a family business is to facilitate the internal conversations. That is, the conversations that are being avioded as they are too hard and emotional.

All the latest research suggests that the key concerns for Families in Business are how to successfully grow your business, who is going to take over the leadership after you, and how to find staff with the right attitude that is positive and customer focused.

family business owners are often telling me that succession is their biggest worry. When I ask them if that have had the succession conversation with family members they respond's too hard.

Experience proves to me that those who have the conversations with all family members and agree a plan for the future of family member leadership take the emotion  out of any conflict in the future.

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