Eric Brotman discusses retirement for one generation of a family business and transferring business responsibilities with family business expert Henry Hutcheson.
In this episode:
- Retirement for one generation of a family business often hinges on the successful transfer of the business responsibility to the next generation – but this transition is tricky at best.
- What are the best practices from family businesses that survive the transfer? How to combine your purpose and profit to be successful.
- Mixing personal, family, and business.
Guest Bio
Henry Hutcheson has 25 years of experience in business management and global family business consulting across a range of industries, and is a veteran of a family business himself. He is a frequent corporate and university speaker, as well as a columnist and writer for the News & Observer, Charlotte Observer, Nursery Retailer, The State, and Family Business Magazine. He has been quoted in the Wall Street Journal, Crain’s, and other business and trade magazines. His new book is Dirty Little Secrets of Family Business (3rd edition): Ensuring Success from One Generation to the Next. Learn more at www.familybusinessusa.com.