A recent Deloitte study found that ahead of the so-called "Great Wealth Transfer," 26 percent of family businesses are currently targeting outside investment or private equity. Family businesses carry powerful legacies, but the sale of such organizations can stall in the absence of sophisticated strategy and planning. For owners looking to sell their family enterprises, implementing portions of the private equity playbook will unlock significant value and position owners to exit on optimal terms. As with any family business succession strategy, the emphasis should be on clarity of goals, tailored strategy and disciplined execution.