The Family Business Issue
With half of all laboratory owners working with a relative, family businesses continue to thrive in our community.
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How Two Family Laboratories Continue to Flourish
The average longevity of a family business is 24 years,* but among the many in our community that have passed that mark are Town & Country Dental Studios and BonaDent Dental Laboratories, now clocking in more than six and seven decades, respectively.
LMT Communications, Inc.
Company
Read More 5 minute read
Passing the Torch: Tips for Selling to a Family Member
Like any business sale, selling to a family member is a major transaction and it’s essential to have a well-formulated plan for how the current owner will exit and the new owner will take over. This ensures both you and your relative are on the same page with each step of the process, provides...
Laurel Carbonneau
Webinar Platform Manager at LMT Communications, Inc. · Bethlehem, CT
Read More 4 minute read
5 Smart Tips for Building a Successful Family Laboratory
The tradition of family business is thriving in our community: according to a recent LMT survey*, 50% of you work with at least one relative—and this percentage has remained consistent throughout LMT’s 38-year history.
Owning a laboratory with family members can be a rewarding experience...
Kim Molinaro
Managing Editor · West Hartford, CT
Read More 4 minute read
LMT Communications, Inc.
LMT Communications delivers the business strategies, information, dental laboratory news and education that dental laboratory decision-makers need to succeed. In Print. In Person. Online.
How Two Family Laboratories Continue to Flourish
LMT Communications, Inc. · The Family Business Issue · Mar 2023
The average longevity of a family business is 24 years,* but among the many in our community that have passed that mark are Town & Country Dental Studios and BonaDent Dental Laboratories, now clocking...
Passing the Torch: Tips for Selling to a Family Member
Laurel Carbonneau · The Family Business Issue · Mar 2023
Like any business sale, selling to a family member is a major transaction and it’s essential to have a well-formulated plan for how the current owner will exit and the new owner will take over. This...
5 Smart Tips for Building a Successful Family Laboratory
Kim Molinaro · The Family Business Issue · Mar 2023
The tradition of family business is thriving in our community: according to a recent LMT survey*, 50% of you work with at least one relative—and this percentage has remained consistent throughout...