Advice for Passing on the Family Business

Accept change. Have a plan around leadership and succession. Plan for the future of the business. Passion. These are the four elements needed to successfully transition family businesses to the next generation. That’s according to LNWM’s CEO Bob Moser who shares his insights on family business success in the Puget Sound Business Journal article titled “Here’s what you need to know to plan succession in a family business” by Coral Garnick.