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For most owners of a closely held business, building the business is a labor of love.  It provides a major reason for living, however because we don’t live forever, one day that business asset will have to transfer to a partner or family members or a third party.

That transition will require significant planning to realize the business owners goals for themselves and their family.  And with any good plan, you’ll first need to know where you want to go.  As the Cheshire Cat observed, “If you don’t know where you’re going, any road will take you there.”

The following article addresses some of the questions that business owners need to consider to determine, “Where are you driving?”