Long Term Succession Planning in a Family Business

<div class="OutlineElement Ltr SCXW10291210 BCX0"> <p class="Paragraph SCXW10291210 BCX0"><span class= "TextRun SCXW10291210 BCX0" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW10291210 BCX0" data-ccp-parastyle="x_msonormal" data-ccp-parastyle-defn= "{"ObjectId":"76e03931-d179-4bee-99c9-1a379634d6ac|8","ClassId":1073872969,"Properties":[469775450,"x_msonormal",201340122,"2",134233614,"true",469778129,"xmsonormal",335572020,"1",201342448,"1",469777841,"Calibri",469777842,"Calibri",469777843,"Calibri",469777844,"Calibri",469769226,"Calibri",335559740,"240",201341983,"0",335559739,"0",469778324,"Normal"]}"> If you want a business succession</span> <span class= "NormalTextRun SCXW10291210 BCX0" data-ccp-parastyle= "x_msonormal">plan to go smoothly, you need to know that</span> <span class="NormalTextRun SCXW10291210 BCX0" data-ccp-parastyle= "x_msonormal">it’s</span> <span class= "NormalTextRun SCXW10291210 BCX0" data-ccp-parastyle= "x_msonormal">a</span> <span class= "NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW10291210 BCX0" data-ccp-parastyle="x_msonormal">3-7 year</span> <span class= "NormalTextRun SCXW10291210 BCX0" data-ccp-parastyle= "x_msonormal">process.</span> <span class= "NormalTextRun SCXW10291210 BCX0" data-ccp-parastyle= "x_msonormal">In a family business</span><span class= "NormalTextRun SCXW10291210 BCX0" data-ccp-parastyle= "x_msonormal">, it may take even longer. </span><span class= "NormalTextRun SCXW10291210 BCX0" data-ccp-parastyle= "x_msonormal">Many</span> <span class= "NormalTextRun SCXW10291210 BCX0" data-ccp-parastyle= "x_msonormal">family businesses only have one opinion and one set of experiences, namely their own. It can be wonderful or traumatic</span><span class="NormalTextRun SCXW10291210 BCX0" data-ccp-parastyle="x_msonormal">. </span><span class= "NormalTextRun SCXW10291210 BCX0" data-ccp-parastyle= "x_msonormal">Listen as we explore the ins and outs of family business succession planning.</span></span><span class= "EOP SCXW1029121