by Christine | Feb 18, 2014 | Estate Planning, Family Business |
As for the last conspiracy theory – elite families passing their wealth from generation to generation – evidence suggests that it is the exception rather than the rule. If you were able to create some wealth through the family business, how do you keep it going in...
by Christine | Jan 2, 2014 | Estate Planning, Family Business, Small Business, Succession Planning |
To ensure your exit goals are met and your family relationships remain intact, it's important to clarify the family succession process right from the start. When you are a family business owner looking to pass the torch, the business is typically your greatest...
by Christine | Dec 6, 2013 | Business Sale, Family Business, Small Business |
An estimated 70% of businesses don’t have a family member capable or willing to assume responsibility. What are you doing to plan for the sale? A certain reality will eventually set in when it comes to the future of your business. And that reality is that some...
by Christine | Nov 22, 2013 | Estate Planning, Family Business, Small Business |
What will be the most likely exit scenario from your business when the time comes? If you own a small business, what will your last day at work be like? What is your exit strategy? The answer hinges on whether your exit will be by design or by default. To exit your...
by Christine | Oct 18, 2013 | Business Sale, Estate Law, Family Business, Small Business |
There are three main strategies business owners can (and should) use in order to maximize the amount of money they put in their pockets when they sell their companies. Your business is your livelihood. It may also be your family's source of revenue. So if you are...
by Christine | Sep 19, 2013 | Business Succession Planning, Family Business, Small Business |
There any many reasons why patriarchs and matriarchs often have great difficulty letting go of the power and ownership of the family business. These may include (as with Queen Elizabeth) a fierce sense of duty, intense popularity, deep familiarity with the business, a...
