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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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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Simplicity and Sophistication
The Chinese philosopher Confucius once said that life is very simple, but we insist on making it complicated. You could say the same thing about investment. Complexity in...
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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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Seven Ways to Fool Yourself
The philosopher Ludwig Wittgenstein once said that nothing is as difficult for people as not deceiving themselves. But while most self-delusions are relatively costless, those relating to investment...
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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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