3 Things to Do Before You Take Over the Family Business [INFOGRAPHIC]

December 17, 2018 | Garret Norris

There comes a time in every family business when the reins have to be handed over to the next family member. If that person is you, then you’re probably excited about taking over, but it can be nerve-wracking to not only have your role talked about during holiday family dinners but also be in charge of a company cared for by generations before you.

As the new generation takes over, the new owners are not the only ones who have to adjust through the change. There are certain things you have to do to make the transition seamless as possible. To prepare yourself for taking over the family business, here are the three things you can do.

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Garret Norris

Garret is the founder and CEO of Business Coaches Sydney and through his company, remains dedicated as ever to use his training and real life business experience to meet his passion to see business succeed through disciplined management, creative marketing and committed client service.

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