Reply To: After integrating a family business, should the former owner remain or not?

#114659

Andy
Participant

We should examine the purpose of integrating the family business in the first place. If the purpose is to have the business managed by competent and qualified experts that was not possible before, the owner should perhaps not be involved. However, if the owner has the necessary expertise and is looking to take a backseat after the integration, he/she can still be involved from an advisory or supervisory capacity.

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