Exit Strategies for Family Business

  • What will happen to the business when I decide to move on?
  • Should the business be sold?
  • Will my children want to carry on with the business, and, if so, is there a successor ready to assume the leadership and how will this be funded?
  • Would the current management team be interested in buying the business?
  • Should the business become a publicly listed company?
  • How do I help ensure the maximum return is received from the business?

One really big missing question: how much time do I need in advance of an exit solution? (EGS says “begin with the end in mind.”) Otherwise, this KPMG blog post asks the right questions.

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