Succession Stories Podcast, Exit Succession Plan 2024 year-end solocast! Laurie Barkman shares reflections and gratitude for family, friends, and the growing community of entrepreneurs building value with the end game in mind.
This episode features Shelley Taylor, a family business advisor and expert on navigating family succession. Shelley has worked with multi-generational companies for more than 20 years, and she is the Family Council Chair for ABARTA, a 3rd and 4th generation company running one of the largest Coca-Cola distributors in the US. Shelley shared best practices for succession and ways to develop the next generation of leaders. For her family, next generation development is not only about employment, it’s about developing a sense of ownership and stewardship of the business and what it means to be an owner.
On this episode, listen in as Laurie Barkman speaks with Brian Baum, President of The Business Transition Group and chair of the Pittsburgh Exit Planning chapter. Brian works with multi-generational businesses to de-mystify the transition and exit planning process.
When there is no successor within the family, how do owners move to the next level of finding someone to buy and operate the business?