Roger Bowley

Handing Down the Family Farm and Winery to the Next Generation (2-Tape Session)


Unified Wine & Grape Symposium ~ 2002

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  • Regular price $17.00

Business owners live in the business reality of short-term issues like cash flow needs, sudden opportunities and annual profits. Management transition is regarded as an "event" in some distant future and forever postponed even though ownership stability and management transition in a family business can enhance the value of that business. The building and preservation of owner value is a fundamental objective of family farms and wineries. This session will outline a value-management process that includes regularly defining and reviewing owner objectives; developing the ability to anticipate and respond to distant threats; and steps family business owners can take to ensure that problem solving begins early and is relentlessly pursued.