The central question in family succession relates to drive and management skills, qualities often lacking in the succeeding generation. Unfortunately, even if the founder is keenly aware of these deficits, s/he can find it nearly impossible to resist either the need to create a professional legacy or the desire of the prospective successor to move up. Since part of the valuation process involves interviewing members of both generations, your experts can provide to you an independent perspective on the company’s prospects under this new leadership. Such input can help you to make the decision as to whether it would, perhaps, be more prudent to sell the company and create a financial legacy from the proceeds. If your experts have confidence that the company will carry on with skill and determination, you can proceed with your plans with greater confidence. To assess the fit between our skills and experience and your valuation needs, please click on About Us.
Testimonial related to family business services:
Steven Popell and Bryce Forney recently delivered an opinion on the value of my company for an intra-family stock transfer. Besides their technical knowledge of the field, they displayed uncommon insight into the complex personal issues that are so important in this type of transaction. Bryce also provided valuable tax advice that informed our decisions in this context. I plan to put their wide-ranging skills and experience to good use in the future.
John Doyle Chief Executive Officer JPD Financial Consultants Campbell, California