Preparing For The Next Generation

Updated: Jun 17

Are you looking to transition your family-owned business to the next generation?

Have you prepared your adult child so they will be successful when the time comes?

If you'd like to learn more, listen to this quick video as we discuss the top 3 things you should do to prepare for the transition.


Do they really want the job? If so:

  1. Consider working for someone else for at least 2 years

  2. Develop a job description and success profile to replace yourself. Compare your child.

  3. Develop a strong advisory Board to advise before/during/after the transition

https://youtu.be/zPtJEb20gfY


If you'd like to discuss further, let us know at www.richhallgroup.com/contact.




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