Wealth Strategies: “Many family business owners struggle with business succession planning because they cannot envision a suitable way to divide their ownership and control among a diverse group of beneficiaries, some of whom are active in the business and some of whom are not. However, by recognizing that ownership and control actually consist of four separate component levels that can be divided differently among the beneficiaries, a family business owner can more easily conceive of a succession plan that rationally assigns leadership and management powers while equitably allocating the economic benefits of the business.”
Business Succession Planning With the Four Levels of Ownership and Control
By On the Net|2017-10-07T11:13:35-07:00September 2nd, 2010|
About the Author: On the Net
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