Tom wanted to grow the business rapidly with outside investors and Nancy preferred downsizing the business to retain majority ownership and control
The Thompson Companies is a specialty retailer of children toys. Tom and Nancy Thompson founded the business in 2002, together shortly after they were married. The business started out as a hobby, but rode the wave of a strong economy and flourished enough for both of them to leave their full-time careers and dedicate themselves to the new business. As the business grew, both were in agreement on most business issues.
The business came to a crossroad. More…