Makingchips | Equipping Manufacturing Leaders
Start Now: The Steps You Need to Take Toward Family Business Succession Planning
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:22:15
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Sinopsis
Knowing when to start the conversation about family business succession planning can be tough. Jim and Jason understand that the dialogue surrounding the family business can be hard as it is - without throwing in who is getting what and when. In this episode of the MakingChips podcast, Jim and Jason share their personal experiences as well as some insightful tips to help the manufacturing leaders of the Metal Working Nation get the ball rolling and keep the business growing. Connect with us:www.MakingChips.com/contact Knowing where and when to start the conversation While bringing up succession is uncomfortable, it is important to start planning as early as possible. The earlier you begin the dialogue, the better. Jim shares that he knew the conversation needed to be brought up with his dad when he realized that the woman his father was dating at the time may have ended up being his stepmother - and an inheritor of all he had worked hard to maintain and create in the family manufacturing business. Family situ