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Earlier we discussed the failure of the Gucci Empire for not planning for their brand and business succession, but When it comes to the storytelling of running a family business we should uncover our eyes on Walmart and Sam Walton’s succession plan and how they left a legacy for many years till now. The Waltons, […]
When you run a family business, you must start planning for your eventual exit as soon as possible. It is too late for an effective transition once you realize you are tired of the day-to-day grind and are ready to transition. Positioning a company for future succession fosters trust and communication among family members. Separating […]
