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Growing Montana family finds harmonious way to pass on growing business

It took nearly two decades, but the expanding Gainan family has worked out the tricky personal and financial challenges to turn over the family business to the third generation and, in a few more years, start training the fourth generation.

On Dec. 1, all the paperwork was signed to transfer ownership of Gainan’s Flowers and Garden Center http://www.gainans.com/ to Mick and Lynnette Gainan and their two children, Jim Gainan and Kristen Gainan Graves.

The deal could have gone either way with Mick’s brother, Chuck Gainan and his family, buying, instead of selling, the business.

By JAN FALSTAD Of The Gazette Staff

Full Story: http://billingsgazette.com/business/article_9aed938e-eaf2-5069-bb5f-951ab9c2ee19.html

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