On the Shoulders of Atlas: A Story about Transitioning a Family-Owned Business By Susan Latremoille and Peter Creaghan with Frank Archibald, Linda Betts, Arnie Cader, Sheila Crummey, Tony Ianni, Steve Landau, Ron Prehogan and Pearl Schusheim What to do with Atlas? Victor has spent the last 40 years building his company into a thriving enterprise— but now it’s time to pass the reins to someone else. Who will carry on? Should he sell the company or keep it in the family? Transitioning a family business is a daunting process that involves not only complex financial planning but also emotional issues and family dynamics—issues for which many business owners are untrained and unprepared. On the Shoulders of Atlas tells the story of the Banks family and the independent advisors who work together to help the Banks solve their issues and figure out their future. You’ll learn how Victor:
- lays the groundwork for transition
- sells his business
- minimizes his taxes
- gets the deal done and makes it legal
- ensures wealth for the future
- manages family issues
Along the way, you’ll see how you, too, can prepare for a successful business transition. |