M&A Unplugged

In this episode, Domenic, Wendi Ewalt, and Leslie Chanel discuss:  The early days of building Wenesco from the ground up.  What happened to the company without a succession plan in place.  Enacting changes within the company during transition periods.  Advice for families of business owners without a succession plan.     Key Takeaways:  It’s so critical to have a succession plan and to build that early on with your advisors.  Having a succession plan can help prevent the stress on your family of having to run, operate, and possibly sell the business.  Have an operations manual in place.  Put a succession plan, well in advance. Life is unpredictable.     "Get everything, the processes, in writing, as much as you can. At least then you have a guideline to follow." —  Wendi Ewalt     About Wendi Ewalt: Former president of Wenesco upon the death of Brian Lowenthal. Interested in travel, flea marketing, vintage finds.     Connect with Wenesco:  Twitter: @WenescoInc  Facebook: Wenesco, Inc.  Website: Wenesco.co