The Family Business Exit Plan: How to Pass the Business to the Next Generation Without Losing It - Paperback

by Mario A. Guzman (Author)

70% of family business transitions fail. This book exists so yours doesn't.
The Family Business Exit Plan is the definitive step-by-step guide for business owners who want to pass their company to the next generation - without destroying the business, the family, or both.
Drawing on succession planning frameworks used by consultants who charge $15,000-$50,000 per engagement, author Mario A. Guzman delivers a clear, actionable system built around real-world family business scenarios. Every chapter features named characters facing decisions you'll recognize from your own experience - and every chapter ends with action steps you can take that same week.

Inside You'll Discover:

• The five failure patterns that predict transition collapse years in advance
• A complete Five Pillars framework that structures every exit decision
• Valuation strategies and tax approaches that can save families hundreds of thousands
• An objective, emotion-free system for successor selection
• The financial separation roadmap for untangling decades of blurred finances
• Governance models, board structures, and family council frameworks
• A 12-24 month authority transfer playbook
• The psychology of letting go and navigating the founder's identity crisis

Written For:

• Family business owners within 1-10 years of retirement or transition
• Next-generation successors preparing to lead
• Family stakeholders, board members, and advisors

Research from the Harvard Business Review shows that only 30% of family businesses survive into the second generation. The businesses that make it are the ones that treat succession as a strategy, not a hope. This book gives you the strategy.
Before this book, succession is a vague anxiety. After it, succession is a project with milestones, frameworks, and a timeline.
Your business deserves a plan. Your family deserves one even more.