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?
I feel this. FIL always talks about the succession but never makes a decision. I’m now deploying for about a year because I’m just a guy who works somewhere. I’m not a business owner which has more leverage when trying to tell the national guard “no”. Place isn’t falling apart but after 25 years of paying rent, finally decided to buy a building so we had more space but instead of investing in what we do (warehousing and rebuilding product) they spend nearly $100,000 on furniture. Ignoring the lack of adequate pallet racking, safety equipment, and tools. I think he let the architect take him for a ride. I digress. Fuck.