Jeff Cronn has an article, "Exit Ahead: Transition Planning for Family-Owned Businesses," published in the September issue of Oregon Business magazine. Family-owned businesses drive the Oregon economy and as a wave of baby boomer business owners eye retirement, succession planning looms large. A change in decision making control is one of the most significant and stressful periods of the family business lifecycle.
In his article, Jeff outlines the best practices for families to consider as they plan ahead for the eventual transfer. A well-considered transition plan will preserve value, protect relationships, and limit disruption and stress.
Click the pdf link below to read Jeff's article.
Jeff is a partner at Tonkon Torp, and Co-Chair of the firm's Business Department. His legal practice emphasizes merger and acquisition transactions, shareholder transactions and disputes, and a range of corporate and business matters.
