Entrepreneurs often start businesses with or are later joined by family members.  This can raise special challenges when the entrepreneur plans to exit the business, either as a planned retirement or sale or as an unexpected transition (death or illness).  This, in turn, raises concerns for potential investors.

For businesses with family members involved (and continuing to expect a paycheck from the business), build the business with the end in mind and, over time, acquire a knowledgeable team of advisers who know your business and can assist in a transition even if it comes quickly without the learning curve a new accountant or lawyer would have.