Setting an investment policy

One conundrum facing many family businesses, is to determine, if and how much to support non-core business investments with cash from the business.  Often this issue arises in the 2nd generation of a business when the children, may not want … Continue reading

Having the talk about the family business…

Do you think that discussing the family business with your younger children is appropriate?  If so, how early can you approach this delicate topic of succession?  One forward looking family did just that as part of their succession plan.  The … Continue reading