Sibling communication – my regular blog on family succession
Running a family business can be a rewarding and challenging experience, especially when siblings...
Read MorePosted by Michael Louie | Jul 9, 2023 | Family Business
Running a family business can be a rewarding and challenging experience, especially when siblings...
Read MorePosted by Michael Louie | Jun 11, 2023 | Succession Planning
Retirement, some define this as “a personal state where you are able to do what you want when you want“. In my view, as we are living longer today, the traditional view of retirement being endless bingo, square dancing and fishing is no longer applicable. Retirement could include a gradual phase out from active operations. […]
Read MorePosted by Michael Louie | May 28, 2023 | Succession Planning
Does your firm have a mission statement? Many believe that a mission statement is simply a platitude to enable the business to thinly disguise its true intent, being profit. Remember, “A goal without a plan is just a wish” – Antoine de Saint-Exupery. A mission can be much more than just a direction for a […]
Read MorePosted by Michael Louie | Apr 16, 2023 | Family Business
From the outset, you should begin to assemble your team to be key players in the succession of your business.
Read MorePosted by Michael Louie | Apr 2, 2023 | Succession Planning
Many business people are successful having achieved their success by being great at something that other people would pay for.
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