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Dynasty Leadership Podcast

It's great if you can pick when you hand over the reins, but what if that time picks you? “Does your company consistently meet or beat the targets you set?" “Do you have the right team rowing in the right direction?" “Is there something going on in your market or company that threatens your growth? "Are you considering transitioning the leadership of the company?" “Is there a clearly articulated long-term strategy?" We specialize in guiding Family-owned businesses with 50-500 employees to become Succession ready.
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May 10, 2021

Terry Moore has earned his reputation as a “bulldog lawyer” by being aggressive, tenacious, and practical. With over 30 years of experience representing businesses and individuals, Terry has become the business divorce lawyer of choice. His recent book, The Bulldog Guide to Business Divorce, dives into what you should be thinking through to protect yourself and your business!

 

Key Takeaways:

[2:00] Terry shares how he became a business divorce lawyer.

[3:00] Marriage is easy when everything goes great. Business goes the same way.

[3:25] COVID-19 gave business owners a whole new stress level never seen before.

[9:00] Are you and your business partner aligned on where you’d like the business to go?

[11:00] What kind of clients does Terry work with? He shares some nightmare situations that business owners have had to go through.

[18:15] Want to avoid a business divorce? Here’s what you need to be thinking about.

[21:35] What happens if you or your business partner gets sick and can’t perform their duties?

[25:45] Make sure your agreements, in the beginning, are clear and signed!

[27:00] Calling a lawyer too late doesn’t mean they can’t help you, but it does mean it can be a bit more complex, and expensive.

[29:00] What are some of the steps you can take to better protect your business?

 

Mentioned in This Episode:

Dynastylc.com

Email Todd: Todd@Dynastylc.com

Terry on Dynasty Leadership Podcast

Hjlawfirm.com

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