All Categories

FAMILY BUSINESS LONGEVITY: THE TRUST FACTOR

Published: 2013 05 20 | Views: 5981
“Shirtsleeves to shirtsleeves in three generations” is the norm with family businesses. Another way of describing it is the first generation makes it, the second generation preserves it and the third generation spends it. Business owners in their 50s, 60s and older looking to transition their wealth to the next generation often ask themselves if their family will be in the same position. They wonder if there is some way that their family can beat the odds so that subsequent generations in their family do more than just preserve or certainly spend what has been built up.

On the Shoulders of Atlas: A Story About Transitioning A Family-Owned Business

Published: 2010 07 22 | Views: 4633
On the Shoulders of Atlas answers the key questions that haunt business families around the world

Who Will Take Over the Business? Succession Planning for the Canadian Business Family

Published: 2012 03 19 | Views: 4209
With dead-on observations and vital advice, "Who Will Take Over the Business?" is the key to a successful transition to the next generation. Any entrepreneur considering retirement should take its lesson to heart.

Secret Weapon to Successful Generational Transition

Published: 2008 06 30 | Views: 4018
There is an epidemic about to occur in Canada and the United States as the baby boomers begin to retire. Many of these baby boomers created businesses as a means to support their families and have been very successful at doing so. But now, as they reach retirement age, many of their businesses are going to be changing ownership – a process that has proven difficult for most.

Dividing Family Assets: The Lot Selection Process

Published: 2013 03 04 | Views: 3909
You are the executor of an estate and have several valuable assets (e.g. real estate holdings or an artwork collection) to sell or divide up for the benefit of the children of the deceased. The deceased has not provided any direction as to who should get what assets (except for personal items such as jewellery and chinaware). The children cannot agree amongst themselves as to who should get what. There is significant value so you don’t want to be putting the assets up for sale for pennies on the dollar. The only viable option that is left is to divide the assets among the children as best you can. How can you do this in a way that is fair and equitable?
Page 1 of 6 pages  1 2 3 >  Last »
ADVANCED SEARCH