Burruano Group Article Selected for Publication

Burruano Group, a premier construction business advisory firm, is happy to announce that Ed Sundberg, Managing Director, has been selected to contribute an article on "Family Owned Business Succession Planning" for the CBO magazine’s November 2007 issue. Sundberg is known internationally as a respected business consulting executive, sales growth adviser, as well as a nationally known speaker, author, and company advisor for business succession transitions.

The article, which will be featured on the Burruano Group blog before being published in Construction Business Owner magazine concentrates on surviving succession planning.

"Succession planning is a critically important 'rite of passage' of a business from one generation of ownership and management to another, most often drawing on the resources of family members who are willing and able to carry on the business. While it is an important adjunct in the overall estate plan of the business owner, it doesn’t have to be complicated and should occur before probate."

Using this brief step-by-step article a business owner thinking about passing his or her business along to a family member can do so while avoiding the often perilous pitfalls of business succession.