The Balance Point offers a step-by-step guide to tackle business transition challenges in these times of economic insecurity. Authors Larry Hause and Cary Tutelman, leading consultants to family owned businesses with more than forty years combined experience, offer an owner-friendly, practical guide that shows how owners, managers, and boards work together. Going beyond just an explanation of what each group does, this book explains the authors' proven model of how a board can serve as the balance point to more effectively run, grow, and transition private companies.