Selling a business can pose numerous challenges for its owners, management team, and employees. The challenges are often greater when the business is family owned and a significant aspect—and in some cases the focal point —of a family’s life for many years, or even decades, is being sold to a third party. However, the actions that the business owners take before, during, and after a sale can greatly help the family to overcome those challenges and reduce the potentially negative effects of the sale process on the family and the business.
Speakers
- Nicholas A. Stawasz, Partner, Pepper Hamilton LLP
- Carrie Seligman, Esq., LL M, CFP, Managing Director, Wealth Strategies Advisor, U.S. Trust, Bank of America Private Wealth Management