Preparing the Family Business for Sale

Preparing the Family Business for Sale

A strong advisory team can help the owner avoid conflicts and maximize the value received

For most business owners, the sale of a business is a once-in-a-lifetime event. Without experience in this transaction, the owner likely begins the process with uncertainty and trepidation. While a great deal is at risk for any business owner, the owner of a family business has added pressures. Whether there are additional family members with ownership interests or relatives who are key employees, family ties require an extra amount of care when selling the business. To ensure the family addr

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