Succession is a challenge the world over and covers both the areas of management and ownership as well as the transition from one generation to the next which needs careful planning and consideration to minimise the potential affects.
Sometimes, the informality of working in some family business can be a great blessing… or a dreadful curse. For some successors and other family members,...
Family business practitioners see the investigation of differentness family to family and detail to detail as the heart of today’s practice. When it comes to...
Plan to succeed by considering both areas of succession as early as possible. Statistics have for many years shown that a depressingly low percentage of...
Howard Hackney explains how to attribute a value to the family business and how coming up with an agreed formula can help remove challenging discussions...
Succession is often not dealt with until it needs to be implemented. Succession planning is an area that many family businesses struggle to deal with,...
There are several ways to provide liquidity to shareholders of privately held family businesses without giving up control of the family business and its legacy....
Are management buy-outs a means of ensuring viable futures for established family businesses? Selling or handing over the family business will be one of the...
