The author provides a comprehensive overview of issues related to passing a family business from one generation to another. He also proposes a scenario where private equity is used to facilitate the transition. Keep in mind that most private equity groups require an EBIT-DA greater than $1 million. If your business is smaller than that, […]
Key quote: “When you have children in the business owning stock and children outside the business owning stock, there is a natural conflict.“ From Divestopedia: ******************************************* Kids Taking Over the Business? 8 Things to Consider By Josh Patrick Takeaway: Transferring ownership of a business is difficult. Transferring it to a family member makes it even […]
In assisting our family business clients in making the right decisions for the futures of their companies, K&A believes it is important to examine all options. This article highlights several issues to consider about passing a business to the next generation. ************ Corporate Governance: Keeping it in the Family When handing your company down from […]