This issue of Owner to Owner explores how to navigate roadblocks when it comes to decision-making with a business partner and when using philanthropy as a tool to unite families across generations. We also look at ways to maximize a business’s value in a sale and how – and why – to articulate a compelling narrative for your business.

Head of the BBH Center for Family Business Benjamin Persofsky explores the changes that come with bringing on a business partner and best practices for navigating the decision-making landscape.

Every business has a story. What matters is how it’s told – and who tells it. Senior Wealth Planner Ross Bruch explores why stories matter and how owners can craft a narrative for their business that lasts and evolves.

Families often turn to philanthropy as a way to sustain legacy and values across generations. Head of Philanthropic Advisory Drew Rabe and Managing Director Mike McGrann discuss potential roadblocks along this journey and how business owning-families can best navigate them.

The people you choose to make health, financial, and estate decisions on your behalf are just as critical as the plan itself. Learn the key roles to fill—and the factors to consider—when building your estate planning team.

Principal Travis Dunn provides an overview of family business advisory boards and discusses their benefits, composition, and steps for getting started.

What does it take to keep a family business thriving across five generations? We recently sat down with Donna Saurage, manager of Community Coffee’s holding company, to learn how and why Community Coffee stands out.

Partner Kathryn George and Managing Director Mike McGrann discuss a collaborative approach to building a legacy and best practices for communicating plans for the future.

In this issue of Owner to Owner, we review the state of the business environment and discuss what it takes for a multigenerational family business to be successful. We also explore the various meanings of legacy and lay out strategies for capital allocation for private business owners.

Michael Conti, Grant Smith, and Christy Hourihan provide an overview of the business environment on three fronts: the overall economy, the credit markets, and the private equity and mergers and acquisitions markets.