Family business succession is the process of transitioning administration or ownership — or both — of a family owned business. Family succession planning is unique because it involves not only choosing a course of action to secure the future of a company, but also decision-making that can affect familial relationships and the futures of loyal employees.
Click here to read the entire article on Crain’s Cleveland.
Elvisridge Capital seeks established, privately held, middle- to late-stage businesses based in the United States. We invest in situations where our experience and resources can help generate significant profitability improvement and revenue growth. To begin a conversation, contact us at info@elvisridgecapital.com.