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Introduction

Welcome to the web home of Succession Planning for the Family Owned Business! We at futureofmybusiness.com are committed to providing top tier solutions for business owners just like you. We have plenty more book projects in the works – look for specialized titles such as Succession Planning for the Manufacturing Business and Succession Planning for the Family Farm, as well as a few exclusive web-only strategies, in the near future.

For now, enjoy Succession Planning, a concise blend of humor and comprehensive information from the experts; designed to help you paint the perfect blueprint for the future of your business. Within its pages, you will find solutions on the six key events to avoid if you intend to pass your business on to the next generation. You’ll also get high-level tips on estate planning, asset protection, and family communications – a great deal of what you will need to ensure the future of your family firm. Covered as well is the topic of employee and executive relations. Learn how to select the perfect successor and maintain all those key employees through the transition. And speaking of that transition, we also outline such critical steps as getting a business appraisal, enhancing value for the new buyer, financing the sale of your company, and tax strategies and charitable planning to ensure that you maximize the number of post-sale dollars that you get to keep.

The book is available in hardcover, trade paperback, and now, right on your computer! Order your copy today!




Praise for Succession Planning for the Family Owned Business


Anyone who owns a business, has clients who own a business, or cares about someone who owns a business would learn a great deal from reading this book. Clear, concise, and full of practical information. Read it and grow.

—Bill Deitch
The Estate Planning Law Group


Succession Planning is absolutely the best roadmap to maintaining a family business. It is a must read for anyone who shares a professional partnership with a family member."

It should be taught in all business classes and referred to by any financial advisor, CPA, or Attorney who hopes to best represent the well-being of his or her business owner clients.

—Lorrie Loomis
Co-Owner, Loomis International


I have read many books on business transfer for the common man, but this is the first that really hits all of the concerns that should be addressed by the average business owner. It’s a great read and has loads of information critical to the business transfer process.

—Mark Burton, JD, CSBA, CMEA
In-House Counsel/Vice President of National Operations,
Business Evaluation Systems