Nothing is neutral. Every decision we make and every action we take moves us closer to success or failure.

Posts Tagged ‘transition’


Value of Family Meetings: Succeeding with Succession

A lot of business owners don’t want to think about the problems a family meeting can raise. An owner still needs to share how he wants his company to grow and transition to the next generation. Les Banwart has helped many family businesses deal with the challenges of transitioning to the next generation. How to [...]

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Small Business Transition: “Passing Along the Business”

Miles and Joyce own and operate a farm on land that’s been in Joyce’s family since 1878, and are preparing to pass their farming operation along to their grandson Mike. Transitioning their business has required communication and understanding among all family members, and Miles and Joyce have managed to keep everyone in the family involved, [...]

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Conflict: Succeeding with Succession

Conflict can happen at all levels of a family-run business. In any work place there are areas for conflict to grow and the best way to handle it is by facilitating a discussion. Les Banwart has helped many family businesses deal with the challenges of transitioning to the next generation. Les digs into the benefits [...]

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AgDay: Transition Planning with the Farm Journal Legacy Project

Seven Habit of Successful Farmers: AgDay highlights the importance of having a transition plan in place for a successful family farming business. Duration : 0:4:43 Recommended ReadingManagement Succession Planning for Family BusinessesVideoChat – Business Growth with Andrew KarlenReGENERATION PartnersLen Green Innovation Discussion – Part 2 of 3Management Succession Planning Blueprint (ebook) Technorati Tags: AgDay, farm, [...]

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Employment Policies for Children: Succeeding with Succession

Family members may have shareholder rights, but should they work in the family business based on relation not merit? Some children feel employment is their right. Some parents will feel the same way. Les Banwart has helped many family businesses deal with the challenges of transitioning to the next generation. Les explains how to create [...]

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