How Will You Handle an Owner’s Exit?

It may be difficult to talk about when there’s no looming issue, but it’s best practice to discuss and agree on how an owner can exit the family enterprise before being put in a situation where laws or circumstances make the choice for you. The best family businesses make policies and protocol for issues that may arise before that issue is connected with any individual (and escalated emotions). In this video, Banyan’s Vlad Barbieri talks through a key owner room decision: mechanisms for a potential owner exit from the family business.