The absence of family member who can operate the business is indeed the most frustrating hurdle to succession.

Business and management succession planning can be challenging if you don’t separate family and business issues. Family business succession Planning is an organizational development consulting service that focuses on assisting clients in separating family and business issues so both parties can make decisions effectively.

The challenge of accomplishing business tasks while maintaining family harmony is significant. Family business succession planning helps family-owned businesses address this often complex situation.

How you benefit
A form-structured family business succession plan can help you with the following:

• Improved family and business communications.
• Mediation of family and business issues.
• Development of a management succession plan identifying future business leaders.
• Clarification of the future ownership structure.
• Resolution of conflicts between and among family members.

For more information regarding family business succession planning services, please feel free to contact:

Carolyn Smith, CPA
carolyn.smith@padgett-cpa.com
Phone: (210) 828-6281
Toll Free: (800) 879-4966

Ray Berend, CPA
ray.berend@padgett-cpa.com
Phone: (210) 828-6281
Toll Free: (800) 879-4966