--- title: Deciding the Future of Your Family Business description: This article discusses how family business owners have to decide whether to sell their business or hand it down when they want to retire. 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Both sides have their advantages such as retirement funding and ensuring family well-being for a specific amount of time. However, there is no doubt this is a hard decision for many folks to make. To view this article, click [HERE](https://www.forbes.com/sites/francoisbotha/2019/12/10/how-to-go-from-family-business-to-business-family/#59023481334b) to access the original content. - [Tweet](https://twitter.com/share) ![Scott Logo with Tagline - FINAL-ReversedText](https://scottandco.com/hs-fs/hubfs/Scott%20Logo%20with%20Tagline%20-%20FINAL-ReversedText.png?width=300&height=92&name=Scott%20Logo%20with%20Tagline%20-%20FINAL-ReversedText.png)     Phone: [803.256.6021](tel:8032566021) [![](https://scottandco.com/hs-fs/hubfs/Facebook@4x-8.png?height=24&name=Facebook@4x-8.png)](https://www.facebook.com/ScottCoCPA) [![](https://scottandco.com/hs-fs/hubfs/X@4x-8.png?height=24&name=X@4x-8.png)](https://x.com/ScottCoCPA) [![](https://scottandco.com/hs-fs/hubfs/Instagram@4x-8.png?height=24&name=Instagram@4x-8.png)](https://www.instagram.com/scottandcocpas/) [![](https://scottandco.com/hs-fs/hubfs/Linkedin@4x-8.png?height=24&name=Linkedin@4x-8.png)](https://scottandco.com/blog/linkedin.com/company/scott-and-company-llc/?trk=biz-companies-cym) [![](https://scottandco.com/hs-fs/hubfs/YouTube@4x-8.png?height=24&name=YouTube@4x-8.png)](https://www.youtube.com/channel/UC-DLAZRj3TvtqbdWGSwkFLg) ##### Quick Links Quick Links - [About](https://scottandco.com/about) - [Services](https://scottandco.com/services) - [Industries](https://scottandco.com/industries) - [Insights](https://scottandco.com/blog) - [Careers](https://scottandco.com/careers) ![SCBIZ BPTW logo 2026](https://scottandco.com/hs-fs/hubfs/SCBIZ%20BPTW%20logo%202026.png?width=150&height=158&name=SCBIZ%20BPTW%20logo%202026.png) Proud to be named a South Carolina 2026 Best Places to Work—our 12th year on this prestigious list. 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