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Are You in Control?

By Peter Smith

Family Business ?

Q1

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Many business owners are concerned about handing over to the next generation and if this is you read on.

I always get considerable satisfaction from walking into a prospect who has his head down apparently with all the problems of the world on his shoulders and can make a huge difference by helping them to come to terms with change.

This can be difficult with a parent who isn’t confident in his son or daughter’s ability to manage the business successfully, especially if the new generation is impatient to drive the business forward.

A meeting of minds is needed, and this takes time and a degree of patience and skill.

If you know any business owners that have intergenerational issues ask them to give me a call.

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