For more than 30 years, Steven Goodman, President and CEO of SHG Planning, has provided insightful solutions to the challenges of business succession, wealth preservation, retirement, and charitable planning. He currently services hundreds of clients focusing on the needs of owners of closely-held businesses and high net worth individuals. Steven is the author of Business Succession Planning: A Guide to Transfers, Sales, Family Harmony, and Minimizing Litigation, has written numerous articles for leading trade journals, and has been a part of some 150 seminars about business succession and wealth preservation.
In this episode of Family Business Today, Steven will share:
How many family business owners put off planning for ownership in the future to avoid family conflict in the present
That establishing planning begins with a founder who is willing to plan
The details surrounding transferring your family business to non-family owners
How to avoid common tax pitfalls in buy-sell agreements
How to choose the right guardians and trustees and ask the right questions when making a will
And more…
To learn more about Steven, his business SHG Planning, and to receive a Free Copy of his book Business Succession Planning: A Guide to Transfers, Sales, Family Harmony, and Minimizing Litigation, visit his website at www.stevengoodman.biz.
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 working together 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!