Episode #85, Succession Planning and Leadership from a Second Generation Owner, with Jeff Bassemier

When John and Diane Bassemier were ready to hand their business, Bassemiers, over to their sons, Jeff and James, it was not done a whim. The multi-year process concluded with a 21-page actual succession plan and a board of directors to make sure the brothers were set up for success. “The gray area is where you’re gonna kill your business and your family,” Jeff says.