Sunday, May 4, 2014

Pallet Enterprise Article - Family Feud: How a Buy-Sell Agreement Can Save Your Family Business

Family Feud: Conflicts inevitably arise when family businesses attempt to accommodate personal goals to the demands of the enterprise. Well-designed buy-sell agreements can help resolve clashes that might prove costly to the bottom line or cause a dissolution of the enterprise. 

By Phillip M. Perry
Date Posted: 4/1/2014
             
How many ways can a family business get into trouble? Maybe an infinite number if the stories told by family business consultants are any guide.

“In a non-family business you have rational problems and rational solutions,” said Don Schwerzler, an Atlanta-based family business counselor (family-business-experts.com). “But in a family business you have rational problems and emotional solutions. Decisions are made not necessarily on what’s best for the business but what’s best for the family. That makes things difficult.”"

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Pallet Enterprise Article - Family Feud: How a Buy-Sell Agreement Can Save Your Family Business:

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.

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