It’s never too early to think about how your family business will continue into future generations. With that in mind, where is your family business today in its succession planning journey? These ...
"As a preliminary matter, family leaders need to decide whether the mission of their business is solely to maximize profits and value for the family’s benefit or is it broader: to not only provide ...
Q: My brother and I work for our family business. We know our father will retire, and that there may be unexpected events. Can you suggest resources for starting a family conversation about the ...
Who takes over the reins of your family business when you step down is a critical question for the long-term success of the business. The issue becomes even more complex and sensitive when dealing ...
The correlation between succession planning for family businesses and successful transfers to the next generation could not be more direct. One third of family-owned businesses have a succession plan; ...
Mark Swepston spent his professional life building an already strong company, Atlas Butler, into an even more vibrant, community-oriented organization that is a nationally recognized leader in ...
As part of NJBIZ’s latest virtual panel, participants discussed how family businesses can survive and thrive across multiple generations. Earlier this month, Trump signed into effect sweeping tax and ...