Intergenerational Wealth & Family Business with Dr. Tom Deans
Update: 2024-01-18
Description
Takeaways:
- Selling the business to the next generation ensures that the children are truly capable and committed to running the business.
- The Willing Wisdom Index is a digital tool that helps business owners assess the gaps in their succession and estate plans.
- Preparation and mentoring of the next generation are crucial for a successful business transition.
- Bringing in outside leadership can provide expertise and neutrality in managing the business.
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