Businesses in Transition

<ul><li>.00 <strong>Jolene Brown – </strong>“And that is the fact that a conversation is not a contract. And I always tell the people in family business; do you realize that people in family business lie? They do, they lie. They say “work hard and someday this will all be yours.” Or, “I’m going to retire.” And then there is the dreaded: “Oh, you don’t have to worry about your brothers and sisters; they’ve got their jobs; they’re not interested in the business.” With family more, not less, needs to be in writing. And if it is not in writing, it does not exist.”</li> <li>.40 <strong>Welcome,</strong> we discuss all things in your business to help you survive, thrive, have more fun, and become successful faster. We are here to give you the insights you need.<ul><li>Advice from others outside your business can make a significant difference</li> <li>Here at <strong>The Oval Table,</strong> we believe <strong>every voice matters</strong> and we want to model how that works. Often the advice that makes the difference comes from where you least expect it.</li> </ul></li> <li>1:25 <strong>Host Introductions</strong></li> <li>1:35 <strong>Show Content Outline</strong></li> <li>2:28 <strong>Businesses in Transition – A Primer</strong><ul><li>Owners of a business have multiple choices</li> <li>How a buyer looks at a business</li> <li>Buyers have different goals than a seller</li> <li>Preparing a business for sale</li> <li>How to get a high sales price</li> </ul></li> <li>9:40 <strong>The We Are Alpha Dogs Resource</strong></li> <li>10:15 <strong>Interview – Jolene Brown – Businesses in Transition</strong><ul><li>What it is like to be a real farmer</li> <li>Issues of a family business in transition</li> <li>The Four Foundations and related choices</li> <li>A business first family vs. a family first business – the real choice to make</li> <li>My toolbox – a mirror, tissues, duct tape and a 2 X 4</li> <li>The value of an Advisory Council</li> <li>The main question I always ask, is there enough goodwill in the family to work wi