There are over 10 million family businesses in the United States, and $4.5 trillion of equity in these businesses are predicted to transfer in the next five years. But successful succession is a real challenge for family businesses (67% failure rate), so here is an overview with suggestions to help plan for succession success. Note: This was designed in PPTX 2007 with lots of animation that is lost in slideshare, so I've removed all the animations and converted it to a ppt. But some Slideshare glitches come through (white backgrounds turn black, background photos that don't screen back)

3. $4.5 Trillion of business equity will be transferred in the next five years - Federal Reserve estimate

4. Family Bus Per Family Business Review & Small Business Administration

5. Family Bus Per Family Business Review & Small Business Administration

6. Family Bus Per Family Business Review & Small Business Administration

7. Family Bus

8. Family Bus

11. Old Baggage Communications

13. Founder’s Perspective Values Identity Entrepreneur Legacy Letting Go? Control

14. 2 nd Generation’s Perspective Knowledge Identity Pre-Judged Security Will Dad/Mom Let Go? Control Expectation

25. Q & A