How To Maximize Family Business Profit | 785
On this episode of the Inside BS Show, Dave Lorenzo welcomes Harry Cendrowski of Cendrowski Corporate Advisors for a candid conversation about the unique dynamics of family-owned businesses. Whether you’re advising one or running one, you’ll walk away with actionable insights on succession planning, governance, tax strategies, and how to protect both the business and the family legacy.
Key Topics Discussed:
- What defines a family business and why the dynamics are so different
- The pros and cons of keeping the business “in the family”
- Why generational transitions often fail—and how to prevent it
- The psychological barriers to succession planning (and how to overcome them)
- How to deal with internal conflicts and favoritism among family members
- When and how to bring in outside leadership
- The secret to preparing the next generation for success
- How family dynamics affect business valuation and sale readiness
- Structuring a deal when not everyone in the family agrees
- Common tax and estate planning mistakes—and how to avoid them
- How Cendrowski Corporate Advisors helps family businesses plan for long-term success
Links and Resources:
Subscribe Via Email: http://GetInsideBS.com
Listen on Spotify: https://open.spotify.com/show/4TBA
Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-inside-bs-show-with-dave-lorenzo/id1538611447
Call Us: (305) 692-5531
Subscribe Via Email: http://GetInsideBS.com
Listen on Spotify: https://open.spotify.com/show/4TBA
Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-inside-bs-show-with-dave-lorenzo/id1538611447
Call Us: (305) 692-5531
Call to Action:
If you’re working in or advising a family-owned business, now is the time to prepare for the future. Get in touch with Harry Cendrowski and his team at Cendrowski Corporate Advisors at 866-717-1607 to discuss tax strategies, succession planning, or business valuation. They’ve helped hundreds of businesses across North America—yours could be next.