Bryan Huck, FEA's Linkedin Analytics

Businesses become family businesses informally as the kids (Rising Gen) join casually, and gradually over time. Life happens fast, and here you are - in your 50's and early 60's and there is no formal succession plan. You intend on working for a while longer, yet you feel you should be doing more to prepare the Rising Gen. You hesitate to begin this process as you see them not ready for the complex responsibilities that you have. Will they every be ready? Where is the initiative and resilience to demonstrate they are ready to take on more? Meanwhile, successors may feel confident, but lack critical skills, creating a gap that can jeopardize the business's stability and family harmony. Identifying and closing these gaps require open discussions on readiness, and intentional skills and capabilities development. Having these conversations informally never seems to happen, or go well. Your intentions are there, but something always interferes. There is GOT to be a better way! Sustainable success through the generations requires a REORIENTATION! A generational transfer of a business or any amount of wealth can be the most rewarding and thrilling adventure. With my 25 + years serving family enterprises in diverse businesses, I've discovered that there is a better path forward. One that works with the client's family and advisors collaboratively to understand and build upon their greatest strengths and intentionally identify and address the skills gaps. Visit my website to learn more about me and reach out to setup a discovery chat. www.familybiznavigator.ca I do not issue a glossy report that sits on a shelf! I walk alongside your team to implement the selected strategies and tactics so hopes and dreams are realized. Being intentional with your family business = Greater choice, opportunity and less risk.