Tag Archives: family legacy
8 Ways to Exit Your Business

8 Ways to Exit Your Home Health Care Business

According to Paul Simon, there are fifty ways to leave a lover. We may not be as resourceful as Mr. Simon when it comes to saying goodbye, but we were able to come up with eight ways for owners to leave their home health care business. 1. Transfer to a family member 2. Sale to […]

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Has Your Child Earned Ownership Interest in Your Business?  A Decision Framework

Has Your Child Earned Ownership Interest in Your Business? A Decision Framework

Stan Briggs was perplexed.  He told his advisor, “My son, Patrick, has worked in the business for the last twelve years. In that time, the business has tripled its revenues and its profits. I’ve started to think about scaling back my activity and I realize how important it is (for my own retirement income) that […]

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