The Hand Off
 

It has been reported that 40 to 45% of family-owned businesses will change hands to the next generation over the next 5 -10 years. However, the goals and ideas of the next generation may differ substantially from the one handing over the reigns, ranging from declining any involvement in the company to looking for strong financial partners to reinvigorate the family business. Managing this adjustment and create shareholder value at the same time can be a real challenge.  Our facilitation of communication between the various stakeholder interests can make all the difference.