A question faced by many business owners, once the owner has decided to begin succession and possibly sell all or a part of a business, is how much to sell of the business? This is not a question to be taken lightly and requires considered thought and input. A minority interest has not only legal […]
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A new year, a new start Here is a new take on an old subject. Have you made a New Year’s resolution? Why do we have to have a new year occur to make such resolutions? New beginnings? A fresh start? History shows that for farmers, the new year brings a new planting season and […]
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Succession of your business and the family enterprise by its very nature requires you, the owner, entrepreneur, founder, patriarch/matriarch to LET GO! Can you do this? This takes a whole lot of trust, and sometimes a leap of faith; because your successors may and probably will not do things exactly the same way that you […]
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Are you the leader of your family enterprise and are your financial and investment holdings complex? What happens if you die? Your family will first grieve your loss and then have to slug through paperwork and agreements and figure out how to organize your family’s assets and investments. Can you do something now to make […]
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Is it a guy thing not to a) ask for directions nor b) read instructions? For your family’s enterprise succession plan, you really should not try to find your own way through the process… at least at the planning stage. Why? – Getting started: Many have gone before you and faced the same succession challenges, […]
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