Selling a Business to Inside Family Members is Relational Not Transactional

[Steve Savant]

Transferring a business to inside family members is fraught with drama and many times inequalities among non-working siblings. Working through the relationships connected to the business transfer is harder than designing the buyout.

Nationally recognized business succession expert Nate Sachs addresses the dynamics of family business succession. Nate has over 2,000 business owner/ clients and is one of the largest life insurance producers in the last four decades. His series of 15 business succession plans are entitled Blueprints for Tomorrow. This week’s series is entitled The Top Business Succession Blueprints on "Let's Get Down to Business."

Selling a business to inside family members - Top Business Succession Blueprints - YouTube