Dr. Marshall Northington's Managing the Family Business

family business management

Family Business Management can make a difference in the way your family does business. Family Business Management guides clients in all stages of family business operations, from making the decision to start a business to communication, cooperation and control in a family business to planning for retirement. For example, have you thought about succession planning and principal retirement?

Succession planning for emergencies or for a principal retirement can be of great importance to maintaining business continuity. Choosing the right successor is an outcome of hard work evaluating family member candidates or outside talent. No one should be a shoo-in without experiencing the rigorous assessment for readiness and an educational plan developed to get your choice ready to take over without your assistance. Family Business Management can help guide you with succession planning as well as many challenges that are unique to family-owned businesses.

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