Don’t Let Family Ties Bind Your Exit Strategy

Investment banker Ed Giacomelli discusses the potential pitfalls of exiting a family business and how to sidestep them

Written by Robert Gold & Andrew Brown

Blood may be thicker than water but it can also create a way bigger mess. Running a family business has some definite advantages, yet it poses unique challenges when creating an exit strategy. In this PROFIT BusinessCast, Ed Giacomelli, managing director at specialty investment banking firm, Crosbie & Company, explores these obstacles—including financial, leadership, social and emotional—and how best to avoid them.

Originally appeared on PROFITguide.com