Time for a financial checkup? How often do you undertake this exercise, a mere pause and reflection from the relentless and all consuming pursuit of your family enterprise’s success. What do I mean by a financial checkup? This means to consider your assets. The first time doing this, most people would focus on their financial […]
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You will be surprised how much we take past accomplishments for granted. The pain and challenges of past triumphs quickly dissipate with the hectic day to day demands of the enterprise. Take a moment to reflect on the past and what made the business what it is today. The equally important takeaway from this reflection […]
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If your goal of succession of your business is your retirement, how do you define retirement? Retirement in someone’s words was “doing what you want when you want to do it“. The traditional concept of retirement?!?…picture this, a serene lake with your fishing rod lazily dipping into the still azure surface, a straw hat tipped […]
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Your succession plan is just that, unique to you. It is something that is especially customized for you. The methods and outcomes of family and business succession for other families may not be the appropriate ones to be used for your family. What does this mean? You have to decide in advance, generally speaking what […]
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This time of year presents a great opportunity to bring your family together. Why? First and foremost, to demonstrate and reinforce that family and good relations are so important to you. Ah, the summer holiday season approaches. A time of hope and expectations and sometime disappointments, maybe even a little rest. You can set the […]
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