BWD Spring/Summer 2015 | Page 16

16 BWD | Spring/Summer 2015 By Heidi Bolger, CPA/ABV, CM&AA, CGMA and Mary Van Skiver, CPA, MBA, PHR, CEPA Preparing the next generation: Five ways to guide the future today A family business can be a great source of wealth, opportunity and personal fulfillment. But without a plan for ownership and management succession, the business may not survive the transition from one generation to the next. Here are five tips to prepare younger family members to take on a leadership role in the future. ABOUT THE AUTHORS Mary Van Skiver is a Senior Manager at Rehmann. She plays a team lead role assisting businesses with design and implementation of transition plans. She also advises clients on a variety of HR strategies, management and succession issues. Contact her today at [email protected]. Heidi Bolger is a Principal at Rehmann. She consults with businesses in the areas of mergers and acquisitions, strategy, succession planning, profit improvement and valuation. Contact her today at [email protected].