Category: Family Businesses and Partnerships
What steps have to be taken to pass your business to the next owner? Russ Brown joins Jim Blasingame with tips and best practices on the process of grooming a member of your team to take over your small business when you’re ready to retire.
Have you made plans for divesting of your small business? Russ Brown joins Jim Blasingame to recommend that every small business owner develop an internal succession plan.
What's your exit strategy? John Harrison joins Jim Blasingame to explain that every business owner, from new owner to seasoned veteran, needs a business exit strategy in place, plus how your exit strategy can impact your business's legal structure, hiring, and the business organization.
Why is the nutritional supplements industry growing? Denis Deluca joins Jim Blasingame to report why his industry, nutritional suppliments, is growing by improving the health and performance of their customers.
Can a family business with four siblings working in it be successful? Denis Deluca joins Jim Blasingame to talk about his family business and how he and three siblings have successfully grown the business for more than 35 years.
Successful business partners compare their values early and often. David Gage joins Jim Blasingame to reveal how to discuss scenario planning with your potential business partner to compare values and expectations.
Most people don't know how to create a successful partnership. David Gage joins Jim Blasingame to discuss the successful collaborations of partnerships when values, roles and finances are clearly defined and discussed in advance.
Partnerships are better when they're formed organically, not forced. David Gage joins Jim Blasingame to discuss why the most successful way to form a partnerships is to do it with patience and intention, not by forcing people together.
How does a business owner get paid when selling to internal purchasers? Russ Brown joins Jim Blasingame to ideas on how to structure a payout plan as part of an internal business succession transaction with managers or family.
What steps have to be taken to pass your business to the next owner? Russ Brown joins Jim Blasingame with tips and best practices on the process of grooming a member of your team to take over your small business when you’re ready to retire.
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