When Family and Family Business collide As much as objective, rational-thinking business advisors caution against mixing business and family, the fact is that – by their very nature...
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Category Archives: Family Business
Why Family Businesses Owners should always have Exit Strategies
Why Family Businesses Owners should always have Exit Strategies Ask any family business owner why they went into business for themselves and the usual answer is to provide...
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The Next Generation’s formula for a successful transition
The Next Generation’s formula for a successful transition The succession of any family business is as unique as the family itself. That said, moving a family business from...
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Investing in the family and family business’s future
Investing in the family and family business’s future Family business leaders are generally patriarchs (or matriarchs) and as such they care about achieving business success as well as...
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Preserving the legacy of the family business
Preserving the legacy of the family business Almost all family business owners have a desire to see the life of their business sustained through continued family involvement. The...
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‘Professionalising’ the Family Business
‘Professionalising’ the Family Business When growing a family business, family business owners often find themselves at a crossroads – on one hand, there’s the wish to keep things...
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Stages of growth in family business
To better manage the success of your business, it’s important to understand the different stages of growth that your business will go through. This will give you the...
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The Risks Leaders Pose to the Family Business
Family business founders are largely lauded for starting out with little, building great enterprises from the ground up, and leaving legacies from which the next generation benefits. But...
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Losing Control of the Family Business
As your family business has expanded from a small entrepreneurial start-up into a thriving enterprise, your thoughts are no doubt turning to leaving a legacy for future generations. Running a...
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Preserving wealth vs. accumulating wealth: the challenge for family business
One of the major goals of a successful family business is the accumulation and preservation of wealth, designed to safeguard the lifestyle of generations to come. It’s important...
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