I’m taking over the family business. I’ll be a third generation owner. I will purchase it through contract for deed.
My father told me the number one thing he wanted to do was run the business better than my grandfather. I feel the same way, and sometimes I’m not quite sure how to vent my frustrations to my father on what he could do better.
He’s a terrific businessman who had brought our family comfort. Sometimes I think he has some blind spots.
How do I approach these things without being insulting?
Don’t get too harsh on your dad. You said he’s a terrific businessman and a good provider. Prove yourself better than him first. If you’ve got to make the business bigger and sustainable by improving and doing something about the blind spots, then that’s the time you can brag about how good you did and how better you are than him.