Succession Planning

Where to look for a successor – what if a family member is not interested? – my weekly perspective Score 0%

Where to look for a successor – what if a family member is not interested? – my weekly perspective

Not all family businesses are destined to remain within the family.  This is an unfortunate reality and the stats prove this fact out.  Only about 50% of family businesses remain within the family after the second generation and about 15% stay with the family after the third generation. Sobering statistics. Depending on the size of […]

Family Business

It’s about taking risks – maybe not a do it yourself project, my weekly perspective

Today, I am writing about you and your family interactions, mostly as it relates to the family business. Risk taking in your family communication is not easy to do. Having difficult conversations can let you and the business thrive. Not having difficult conversations could stifle and hold back the business.

Tax Planning