Jim Keeling was delighted to join a panel discussion at the National Family Business Place Conference on how family businesses can and need to plan for the future. The panel looked at options available to owners of family businesses seeking to step back from day to day management of their company.

Handing over the reins of a family owned business is undoubtedly a challenging, emotional and life changing decision. Rather than sell out to a trade buyer, Jim explained how he has helped business owners sell their shares to the next generation and/or their management team, funded by private equity or debt, and has found this option is often more palatable to family business owners who tend to feel great loyalty to their employees.