Tip #2 – Involve your family in business succession planning discussions.

Making your own succession plan and then announcing it is the surest way to sow family discord. Opening a dialogue among family members is the best way to begin the process of a successful succession plan – one where close attention is paid to the personal feelings, ambitions and goals of everyone concerned”.

For more information on Succession Planning at Transition Point Business Advisors, contact Rena Striegel at