Tag: succession planning

Written by JamesLynchCoach

Worst Case Scenario: Future Tense

Despite my best efforts I see a lot of family businesses heading for a really, really difficult time. The worst won’t happen this year, next or in some cases even for five or more years — but it will happen. The problem: they’re assuming too much. They’re not planning for succession other than that they […]

Written by JamesLynchCoach

Succession Planning Starts at 40

Ever heard the expression ‘life begins at 40’? Well if you’re a family business, so does succession planning. Too many businesses just move on to the next thing on the list and don’t take the time to step back, look to the future and put in some  plans and strategies for the eventual sale, gift […]