The hardest part of a family business succession plan? Being honest.<br /><br />As Chris Riley, an expert in business exits and M&A, shared on my podcast, many parents dream of passing their business down—but their kids may have different plans.<br /><br />🔹 Do they even want to take over?<br />🔹 Are they the right fit to run it?<br />🔹 Will the transition protect the business’s long-term success?<br /><br />An honest conversation is the first step in any successful business transition.<br /><br />🎙 Listen to the full conversation: https://shows.acast.com/themasonduchatschekshow/episodes/the-secrets-of-successfully-navigating-business-exits-strate<br /><br />📺 Watch here: https://www.youtube.com/watch?v=EV7oa_fM78E<br /><br />* Follow and subscribe to the Mason Duchatschek Show (Podcast) here:<br /><br />https://podcasts.apple.com/us/podcast/the-mason-duchatschek-show/id1266736989<br /><br />** Apply to participate in the challenge, gain expert knowledge (for FREE) and earn up to $1000 worth of tools to help your business or department run better and faster without unnecessary drama or expense.<br /><br />Apply for the Workforce Alchemy Challenge: https://workforcealchemy.com/<br /><br />Follow us on social:<br /><br />Facebook: https://www.facebook.com/ReverseRiskConsulting<br /><br />Instagram: https://www.instagram.com/workforcealchemy/<br /><br />YouTube: https://www.youtube.com/@WorkforceAlchemist<br /><br />Rumble: https://rumble.com/user/WorkforceAlchemy<br /><br />Dailymotion: https://www.dailymotion.com/WorkforceAlchemy<br /><br />Twitter / X: https://x.com/WorkAlchemist<br /><br />#entrepreneurship #familybusiness #successionplanning #mergersandacquisitions #mergers #exitstrategy #exitstrategies #succesion #businessowner #businessowners #workforcealchemy #masonduchatschek
