Family Business
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Prepare a successor to lead your family business
Are you planning to retire or move on from your family business in the next five to ten years? If so, and you know who’ll…
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Advisory boards provide family businesses with independent perspectives
Does your family business keep its strategic decisions within the family? It’s common for family businesses to assign relatives to positions of authority and require…
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Family business focus: Addressing estate and succession planning
The future often weighs heavier on the shoulders of family business owners. Their companies aren’t just “going concerns” with operating assets, human resources and financial…
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How family businesses can solve the compensation puzzle
Every type of company needs to devise a philosophy, strategy and various policies regarding compensation. Family businesses, however, face additional challenges — largely because they…
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Solving the riddles of succession planning for family businesses
Every established company will encounter challenges when confronting the thorny issue of succession planning. Family-owned businesses, however, often face particularly complex issues. After all, their…
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Look carefully at three critical factors of succession planning
The day-to-day demands of running a business can make it difficult to think about the future. And by “future,” we’re not necessarily talking about how…
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