Managing the next generation transition

Managing the next generation transition

Joining the family business as a next generation successor or potential successor often comes with a number of expectations and assumptions from both the next gen and the current generation in place within the business. Even if there is no clear succession plan in...
The importance of planning for the future

The importance of planning for the future

We’d all love a crystal ball to be able to take a brief glimpse into what the future looks like. It would certainly make the job of succession planning for the future of a family businesses much easier. Research indicates that the majority of family firms operate...
Decision-making for peace and harmony in family businesses

Decision-making for peace and harmony in family businesses

In our December column, Sue and Dave discuss the challenges of finding an effective decision-making structure that works for your family business. It’s the season of peace on earth and goodwill to all men.  The only problem is, not everyone seems to get the memo.  The...