Planning for the Transition of Business Ownership
Jay was struggling as he pondered the future. His lawn and landscape business had grown to be one of the dominant landscape companies in the city. He was extremely proud of what he had accomplished in a little over 25 years. He knew that it was time for him to develop his exit plan, but he wasn’t sure what direction to steer the business, JPO Landscape. Jay had always dreamed of passing JPO Landscape on to his son Adam, but he had some real concerns about that idea. It wasn’t that he didn’t think Adam had aptitude for the business. … Read more