In this industry spotlight, we want to highlight key insights into family business succession. As a young parent, you hold your baby in your arms as you sit at your desk. You are doing all the tasks that you couldn’t get accomplished during the normal business hours. You look at this innocent life and think, “someday baby, you will be sitting in this exact desk, doing these exact chores”. But will they? As a business owner, you now have another “stakeholder” in your decisions in this new life. Your business must provide great service for your families, must be profitable to provide for your household and now provide more for that household as this new creature has increased your economic liabilities. Yet, with compassion you are thinking you have just begun to train your next generation of business owner. First, […]