Financial Poise

Articles tagged: Family Business

How Ownership Structure Influences your Exit

How Ownership Structure Influences Your Exit

The way ownership of a business is structured can influence your exit and transition planning. Understand how you should approach exiting in a multi-owner company.

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The hands of multiple generations hold a piggy bank, speaking to the importance of family legacy preservation.

6 Ways to Make Your Family Legacy (and Wealth) Bulletproof

Your family legacy depends on managing family wealth and relationships in a way that fulfills a common mission. Six tips on creating your family’s purpose.

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illustrating that working with veterans adds strength to the business

Invest New Effort in Your Business: Working with Veterans as Employees and Entrepreneurs

A Contemplation on Veteran’s Day Almost any business can benefit by choosing veterans as employees or entrepreneurial partners. Forward-thinking business people who have hired veterans can tell you amazing success […]

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family business succession

Family Business Succession Planning: Prepping the Kids to Take Over

He wasn’t talking about family business succession, but Leo Tolstoy said, “All happy families are alike; each unhappy family is unhappy in its own way.” That’s known as the Anna […]

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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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Fur Balls

Family Business Conflicts: Are You Choking on Family Fur Balls?

Conflict resolution in family business starts by addressing ‘fur balls’. Don’t choke, or family business conflicts will worsen.

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Family Business Trends

STEP, KPMG Study: Global Family Business Governance Trends

Here’s what the STEP survey on global family business trends reveals about governance, Millennial leadership, diversity and retirement.

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Three Circle Model

Revisiting the Three Circle Model of Family Business to Strengthen Governance Structures

It’s been 40 years since Gersick introduced the Three Circle Model for Family Business. How can you assess governance maturity in each circle?

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