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Mindful Productions Exit Strategy - Coggle Diagram
Mindful Productions Exit Strategy
Merger
Outside family
Keep business in the family
Secure future of heirs
Receive cash or stock
Dependent if family accepts responsibility
Flexible control
Resources of both companies combined
Potential family drama - need clear contracts
New member may have different ways of doing business
Existing staff may have less control
Family culture
Some management may remain consistent
Outside company
Receive cash or stock
Recourses of both companies combined
Some management may remain consistent
New members may have different ways of doing business
Existing staff may have less control
May be difficult to blend cultures
Acquisition by another Company
Outside family
Establish legacy
Secure future of heirs
Keep business in the family
Dependent on if family will assume responsibility
Retirement with reassurance
Receive cash or stock
Contact negotiable to manage transition
Brand/ID could diminish
Not always an appropriate fit
Outside comany
Receive cash or stock
Contact negotiable to manage transition
Retirement
Not always an appropriate fit
Brand/ID could deminish
No longer a family company
Pass down to heirs
Retirement with reassurance
No profit - need to establish a healthy savings
Outcome can be unpredictable
Stock
Flexible transition
Establish legacy
Secure future of heirs
Keep business in family
Dependent if heirs accept responsibility