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Passing on the business shares
Read more: Passing on the business sharesAs family business advisors there are a number of questions frequently asked. To assist you in understanding the work we do, I will be publishing a series of frequently asked questions. I want my son to feel secure that he will receive my shares in the business upon my death.…
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A family Charter – enjoy the journey!
Read more: A family Charter – enjoy the journey!Recently I was given the opportunity to attend a family retreat. Our aim as advisors was to prepare a family charter. When I entered this opportunity, I saw so many potential problems, disengaged family members, a family member saying if we decide something I don’t like, I will just continue…
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Are we missing the big picture?
Read more: Are we missing the big picture?Recently a friend sent me an article, she thought I would enjoy reading. It raised two important issues for me. As advisors we have so much experience, we know what works well and what doesn’t. We can assist businesses to be big businesses. But is big business really best?…
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Tips to help family business owners embrace their entrepreneurial spirit
Read more: Tips to help family business owners embrace their entrepreneurial spiritEntrepreneurial spirit is one of the key drivers in a family business. Much of this spirit is comprised of self-motivation or inner drive and the need to follow a passion. Entrepreneurs are by nature innovative, creative, and risk takers. But, not all entrepreneurs are successful business owners. It takes more…
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Inexpensive technology helping family businesses grow
Read more: Inexpensive technology helping family businesses growMost people love to go to the hairdressers to be pampered. To have some “me” time or the amazing head massages. Catch up on all of the aged gossip magazines! But my interest in family business, I am keen to hear how business is travelling and any new initiatives the…
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Thriving to future generations
Read more: Thriving to future generationsWith less than 30% surviving to the third generation, family businesses face unique challenges if they are to thrive into the future. Despite successful beginnings, family businesses do at times struggle. This is sometimes a result of second and third generations insisting on running the company even when they…
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Modern family business
Read more: Modern family businessToo much too soon: In a small suburban garage a mother and a father began building their business. Mum tested new recipes while Dad made the product and drove around distributing it. Even when the business moved to a factory, Dad knew everything about the process. He knew all…
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Accounting in the cloud
Read more: Accounting in the cloudIf you’ve read anything about accounting software in the past year, odds are you’ll have come across references to cloud technology. So what is cloud technology and what potential does it offer you and your business? Accounting software with a cloud component enables your data to be stored securely…
Family Business Insights
Expert insights and practical guidance for family businesses and family enterprises. Explore articles on succession planning, governance, legacy, and long-term wealth stewardship.
