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The Best Of: Selling to a Family Members
Manage episode 461413090 series 3351459
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In this best of episode, we're joined by Valerie Vaughn to discuss the unique dynamcis of selling a business to a family member.
We delve into the complexities of family dynamics, the challenges of preparing a business for sale, and how the involvement of a dedicated team, including wealth managers, accountants, and attorneys, paved the way for a smooth transition. Valerie shares insights into the strategies employed to double the business's value over a few years and how these efforts culminated in a successful hands-off transition from parents to son.
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