The Psychological Side of Business Succession: It’s About More Than Letting Go What are the emotional challenges of selling a business? The decision to sell a business is perhaps the largest decision an owner will make over the course of a lifetime, and it is rife with psychological change. Take Susan, for example. She is...Read More
Question: How do I sell my business to a family member without hurting relationships? As business owners approach retirement, many hope to transition their company to a family member or trusted employee. While this may seem straightforward, the reality—echoed by pop culture like Succession or even King Lear—can be anything but simple. From power struggles...Read More