succession planning

Multi-generation family business are planning for their carpet and furniture shop.
Home Furnishings Association
We’re Living Longer — What That Means for Succession Planning

Longevity is one of the most defining shifts of our time. Americans are living longer, healthier lives than ever before, and that reality is reshaping how family-owned and closely held businesses must approach succession planning, leadership, and financial planning for home furnishings retailers, in particular, where family involvement runs deep

Young boy in a business suit
The Family Business Consulting Group
Preparing the Next Generation for Success in Your Family Business

Defining Roles, Purpose, and a Path to Leadership Bringing a son, daughter, or younger family member into your retail furniture business can be rewarding and challenging. There’s pride in continuing the family legacy and hope in watching a new generation step forward. But without the right structure, what starts with

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