Don’t Let Family Ties Bind Your Exit Strategy

Blood may be thicker than water but it can also create a way bigger mess.

Running a family business has some definite advantages, yet it poses unique challenges when creating an exit strategy.

In this PROFIT BusinessCast, Ed Giacomelli, managing director at specialty investment banking firm, Crosby & Company, explores these obstacles—including financial, leadership, social and emotional—and how best to avoid them. Great podcast and if you are interested in succession, worth the listen:
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