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Special report: A closer look at options during business succession planning

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Plenty of families have bonded over a shared business venture, one that was passed down from parent to child. Other families have been torn apart after trying to run a business together.

For better or worse, though, business succession today is less a function of family dynamics and more a function of the financial imperatives. Surveys show a declining share of business owners are looking to pass on their companies to the next generation.

They have a range of options to choose from. Stories in this section offer a closer look at some of them, whether they involve selling to a third party, selling to employees or simply walking away.

Follow the links to read each one:

When closing is the best choice

The ESOP option: ownership for all

When private equity comes knocking

What happens to the farm?

Handing the keys to key employees

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Write to the Editorial Department at editorial@cpbj.com

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