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re: Calling any/all Small Biz owners
Posted on 11/23/14 at 5:20 pm to CHiPs25
Posted on 11/23/14 at 5:20 pm to CHiPs25
quote:
Yes. My dad and brother currently run the company and have about 14 employees. My dad is hesitant to leave to my brother because lack of college education.
There's no exact right answer, every family situation is different from the next one.
Some questions:
How well would you get along with your dad and brother in this scenario.
Are you going to be co-equal with your brother and your dad the CEO, or......
Large-scale decisions are tough?
Do you expand or stand pat?
Re-Investment of profits or disburse profits?
Your brother was on-board for the building of company (and putting up with your dad) while you were not. How's he going to feel about you coming in now?
Again, there are more questions than answers, good luck. If you all are the right folks it can work but that's a big "if".
This post was edited on 11/23/14 at 5:21 pm
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