Financial Poise

Articles tagged: Family Business

How to Assist Board Members with Signs of Dementia 

How to Assist Board Members with Signs of Dementia 

How do you approach someone in your business who is showing signs of dementia? You want to handle the situation carefully and to the best of your abilities. This article offers some advice so you can avoid making mistakes when faced with a difficult situation.

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advice for securing your first board seat

Advice for Securing Your First Board Seat

Obtaining a board seat was already difficult but has become more challenging over the years because of how highly competitive it is. Find out what steps you can take to best prepare yourself.

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How You Can Save on College Costs

How You Can Save on College Costs

FAFSA’s Expected Family Contribution (EFC) formula will change to the Student Aid Index (SAI). Here are some ways that you can save on college costs. If you’re a small business owner, find out how you can use your business to lower your SAI.

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fight flight freeze

Fight, Flight, or Freeze: Dealing with Business Conflicts

How should business conflicts be handled? Instead of responding to “fight, flight, or freeze” instincts, it’s best to address these situations with care. Find out how to handle family and non-familial conflicts in a business environment.

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Business owner conflict

Governance Systems Should Anticipate and Resolve Business Ownership Conflicts

Business ownership conflicts threaten the continuity of a business, and when decision-makers can’t step up, the board must lead the charge.

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Family Business Transition

The Good, the Bad and the Ugly of Family Business Transitions and Exit Planning

Usher in the good and avoid the bad—or ugly—in family business exit planning by following these strategies during a transition.

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Family business succession

Structure is the Key to Stronger Family Business Succession Planning

Unorganized family structure can lead to failed business transitions. A successful family business succession plan requires clear roles.

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Director compensation

Study: Private Company Board Compensation

How much should board of directors members be paid? In cash or retainers? Find out how companies pay their directors in the latest study.

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Family Wealth Preservation

2 Crucial Tips for Preserving Multigenerational Wealth

Better multigenerational wealth management requires families to recognize potentially fatal events and treat their wealth as an enterprise.

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