The Role of Financial Executives in Exit Planning for Business Owners
The Role of Financial Executives in Exit Planning for Business Owners
Reading List: Sustaining the Family Business by Marshall B. Paisner
This is an enlightening read for anyone interested in this large segment of American business and why it is a viable exit strategy when done correctly.
Three Must-Haves for Business Owners
More than 2/3 of business owners did not have an exit plan for their business.
Reading List: Vanity Fair, “The Inheritance”
New York Times ownership – “America is not kind to the heir. He tends to be depicted as weak, pampered, flawed, a diluted strain of the hardy founding stock”. The second is that, following many disastrous decisions, while many people hope Sulzberger succeeds, few think he will.
Reading List: Birthright: Murder, Greed, and Power in the U-Haul Family Dynasty by Ronald J. Watkins
With my increased involvement in exit strategy planning for business owners, I have been reading more and more books about closely held companies. I just finished one called Birthright: Murder, Greed, and Power in the U-Haul Family Dynasty. If you enjoy reading about dysfunctional families, self-delusional owners, irresponsible heirs to corporate dynasties and the frustration [...]
