Selling the Family Business? The Family Business Podcast Part One

In this, the first of a two-part episode, Russ and his guests discuss the considerations and communication strategies involved in a family business deciding to sell their business.

They emphasize the importance of open and proactive communication within the family system, as well as with external shareholders and the C-suite, and  highlight the significance of early planning for the post-sale phase, including identifying purpose and impact beyond the business.

They stress the need to address potential regrets and ensure a smooth transition to life after the sale.

This conversation also explores various aspects of transitioning from a family business to a family office.