Your host, Greg Lewis, talks to Peter Bloom, business lawyer with The Bloom Group in Washington DC.
In his role, he serves as general counsel to emerging, mid-stage and family businesses, providing strategic advice as well as guidance regarding corporate law, contracts, tax, intellectual property protection, financing, succession planning and labor & employment law.
Mariana Martinez and Peter Bloom are the authors of Seeing the Blind Spot: A Guide for Advisors Working with the Family Enterprise.
In this episode of Family Business Today Peter Bloom will share:
The importance of dealing with the emotional aspects of creating a successful transition plan
The role family history, culture, relationships and individual personalities play in planning a successful transition
Why Transition Planning is a Process and not an Event
Key communication steps that family business owners should take in planning a transition
Why creating a legacy is so important to family business owners
And much more….
To learn more about Peter Bloom visit The Bloom Group LLC website at www.the bloomgroupllc.com. You can also obtain a copy of Peter Bloom and Mariana Martinez book Seeing the Blind Spots when Planning a Family Business Transition on Amazon.
At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.
If you are considering a transition in your family business contact us today for a FREE Transition Assessment (follow link) and receive a one on one review of your business transition preparedness with a family business consultant. (a $299 value)
Until next time, There’s No Business Like Family Business…..We Know!