Here is the truth.
Most of the help for family business succession is time-intensive, extremely costly (sometimes hundreds of thousands of dollars per year for many years), painful, confusing, and sometimes terribly ineffective, causing more harm than good.
You don’t need to be one of those advisors.
Point your clients to a few simple tools, teach yourself a few simple concepts. Save yourself time. Save your client’s time. Bring more value.
Here are the super simple things I have for you and your clients. The concepts are the same. The delivery is different. You pick.
Every other week, I host a free Family Business Office Hour. From 1-2pm central time on Mondays, you can ask as many questions as you want about how to run a healthy family business and how to serve your family business clients. Easy peasy, lemon squeasy.
Family Business Office Hour
If you want more, read the book.
This book takes you step-by-step, through six important questions to answer when it is time to pass your family business to the next generation.
This guide has short concepts, examples of other family businesses who used this method and exercises to help you get started with family business succession.
Published since 2019, it has also helped many family businesses get organized about their family business ownership, well before succession begins.
Download it here for $20 and start working through the exercises today. Or send your clients here to help them get their thoughts together before you begin your work.
If you want more
Take my course.
This is a great add-on to the Start Here book. For $447, you get life-time access to this course (including all additions I make over time).
This course describes what a healthy family business looks like, including who the leaders are, what fair looks like, ground rules, meetings, and who makes which decisions. It also gives you clarity about how to do business development with family businesses and how to serve them more powerfully.
Maybe you want more for your clients.
If you help your clients with the legal or financial parts of succession, you are likely not the ideal resource to help them figure out some of the trickier questions they need to answer.
I provide group coaching to help your clients get on track and stay on track. We cover all of the topics covered in the book and the course.
If they are able to hold themselves accountable to 12 meetings a year, they don’t need this resource.
Before they spend $1 I want to be sure this is right for them. The cost for this experience is $2000 every 90 days and includes a full-day of coaching for you your clients. They will leave this experience with clarity about what they are trying to accomplish in their family business and be better able to work with you. They will save money, you will have less frustration.
If you still want more.
I work one-on-one with a limited number of family businesses each year. Reach out and let’s talk. Be warned though, I’m going to encourage your clients to do this work using the other methods first. Other family businesses have done this, I think they can too.
If we work together, they pay me by the day. This will cost between $40,000 and $75,000 per year. I typically work with my clients for 1-2 years.