Family Business Succession Planning

entrepreneurs

A Family Wired For Perpetual Dependence

A Family Wired For Perpetual Dependence

When the sale of a family business is all about a founder becoming wealthy and their children losing their jobs, you can see why so few ever put themselves in play and sell. The CEO – the Chief Emotional Officer (Mom, and increasingly Dad) – just can’t stand to see the family pull itself apart. […]

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Why Do Family Business Owners Often Die at their Desk?

I was speaking to a friend who owns a successful manufacturing business and asked him when he plans to sell his business”. His response echoed something that I’m hearing more and more from business owners in my audience. “I can’t afford to sell – if I sell and take the proceeds and invest in this […]

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Estate Brain Freeze: Why Saving Tax Is the Wrong Place to Start a Family Business Succession Plan

Estate Brain Freeze: Why Saving Tax Is the Wrong Place to Start a Family Business Succession Plan

With summer approaching I know I’ll be back to consuming my favorite iced coffee beverages and despite knowing better, I’ll drink the odd one faster than I should, causing one of those excruciating brain freezes. Another kind of excruciating pain in the brain can come from a different kind of freeze – the estate freeze, […]

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