Resources: Family Enterprise

Family Ownership Business

Business Succession – Where do I Start?

Posted on April 11, 2017 by admin

When Family Enterprise Advisors and other Business Transition Consultants talk to the owners of even very small businesses, the question asked of them is usually something like this: “I know I should be starting to plan the tran...View Post »


Business Transition

Bringing up the Next Generation of Leadership

Posted on January 10, 2017 by djb

Many people find great joy working in a family business. Spending time with relatives and moving toward a common goal can be fun and fulfilling. Families who work together often feel an especially close bond because of their share...View Post »


Business people  working

The Healthy Way to Hire the Kids

Posted on September 8, 2016 by djb

Most businesses have accounting, computer and vacation policies. Why do so few have family employment policies? Making decisions about hiring younger relatives can be difficult. Skills and talents may vary widely, or maybe there...View Post »


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KPIs Help Keep Companies on Track

Posted on June 9, 2016 by djb

After years of experience, owners often know in their gut how their company is doing at any given time.  But this vague notion of performance really isn’t enough.  As management gurus will tell you, “You can only manage what...View Post »


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Family Matters: Fair vs. Equal – are they the same?

Posted on March 10, 2016 by djb

Many parents believe that assets should be equally divided among their children.  This includes real estate, securities, artwork and even household items.  Of course this also includes the family business.  The idea that some o...View Post »


partnership

Creating Value in Your Business

Posted on December 3, 2015 by djb

Business value is a touchy subject with owners these days.  In general, corporate values are down because of the economy, but as baby boomer business owners age, many are looking for a lucrative exit plan. How can owners build mo...View Post »


Mutliple Generations in Construction Family Business

Bringing up the Next Generation of Leadership

Posted on July 3, 2015 by djb

Many people find great joy working in a family business. Spending time with relatives and moving toward a common goal can be fun and fulfilling. Families who work together often feel an especially close bond because of their share...View Post »


Family Business Planning for Success

Forget About Succession Planning—6 Ways to Plan for Success Instead!

Posted on April 16, 2015 by djb

As small business owners, we’ve all had the knock at the door or the call from a ‘friend’ who tells you that they ‘do’ succession planning and can find you a buyer for your business. I recently had an interesting convers...View Post »


Woman looking into distance whilst thinking

Foresight: Family, Shareholder and Business: Transition from Three Perspectives

Posted on January 30, 2014 by djb

Voluntarily or involuntarily, suddenly or strategically — sooner or later, you’re going to leave your business. Are you prepared? If not, you’re not alone. Surprisingly few businesses, especially family businesses, have a pr...View Post »