In this episode we were joined in studio by Bill Streb, owner of Streb Electric a second generation electrical services company. During the show Bill shared several stories about how he got into the family business and eventually purchased it, including breaking the news to his wife!
For the last two shows we spent some time talking about this topic of transitioning a business from the owner’s perspective. Tonight, we flipped the script to talk about it from the next generation’s standpoint. While some of the questions are similar the perspective and decisions will be different
Tonight is the second part of a show we started last week to talk about how to transition the business from one generation to the next. These two shows are geared to the current owner and questions and concerns they have. Net week we will get into questions from the next generation’s standpoint, but this week and last week’s shows should be helpful for you as well.
This episode was designed to be the first of a 2-part series focused on helping both current owners and potential next generation owners figure out how to transition the business. Well, we only got about half way through the questions for the current owner this week so we will cover the second half in next week’s show. After that we will get into questions from the next generation’s standpoint.
In This Episode Several of our clients have recently been approached by folks who are expressing an interest in perhaps […]
In This Episode If you’ve been in business for a while, chances are you’ve gotten some unsolicited phone calls, emails, […]
In This Episode Most business owners don’t start a company with a plan to exit the business and transition it […]
In This Episode Many business owners struggle with something that most people think should be a no brainer…taking a vacation. […]
When you start your own business, you hardly ever fast forward ahead to ask yourself: How do I transition my business to the next generation? And when the time is right, probably about 20-30 years down the road, most small business owners don’t have a clue as to the right way to go about handing […]
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Jack Mencini and Adam Sonnhalter, coaches with Maximum Value Partners (MVP) www.maximumvp.com know that small business owners are faced with numerous questions and challenges day in and day out. With over 15 years of coaching business owners (and having owned many small businesses themselves), Jack and Adam have heard all the stories and questions that […]
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