Selling a family business can be a complicated and emotional matter, with many pieces and moving parts. It is part of sustainability exercise where owning family’s decision plays an important role. If you decide that it’s time for a change, various options should be reviewed before you come to a decision about selling your family business. The family needs to be convinced about why sale? Or should they pass it on to a new set of family successors? How the sales proceeds will be utilised or invested? Will it be a joint activity or an individual decision? Does the family stay united or go their own way after the sale? All these are important questions to address.
This is an emotionally over charged activity, at the same time it is an opportunity to unlock value for the business family and learn to operate from a different scale.
Does Your Family Business Need Help?
With extensive hands on experience of assisting family businesses, we understand the wide variety of challenges that families face as they work together to build, grow and sustain a thriving family business generation after generation. Through orientation programs, one to one as well as common meetings, workshops, public talks, mentoring, coaching, Family retreats and private family business consulting services, we help family business owners chart their way through family business issues of all shapes and sizes.