Dec 30, 2024 | blog
Ah, New Year’s resolutions – a love-hate relationship for many. We’ve all set them at some point, only to fall short soon after. According to a Forbes study, a staggering 23% abandon their resolutions by the end of the first week, 88% by the end of the second week,...
Dec 12, 2024 | blog
‘Tis the season to be jolly, Fa-la-la-la-la, la-la-la-la’, or is it? When you combine a family with a family business, the holidays can sometimes be less than Jolly. The lines between family and business life can be blurry in a family business making it less than...
Nov 28, 2024 | blog
Can you keep the Peace and Avoid Inheritance Squabbles in a Family Business? Or do Inheritances and Family Squabbling go hand in hand? Squabbles and family businesses, my favorite topics. This is where the lines between a “family dinner” and a “board...
Aug 6, 2024 | blog
Some 1st generation business succession planning questions answered What does a successful succession plan for a 1st generation business look like? It is the smooth transfer of your company to the next generation, to your employees or to a third-party buyer, on your...
Jul 4, 2024 | blog
I get asked frequently what is the difference between a family business and a entrepreneurial business, that is in the 1st generation. In my experience, the key difference between a family business and an entrepreneurial business is how the business was founded....
Jun 26, 2024 | blog
It sounds easier than done, but you can start to get your family aligned with your business vision with the right strategy. Many times a 1st generation business doesn’t know they are a family business yet. The founder started the company to pay the bills, not to...
