Historically, professional advisors primarily focused on business-related matters, often overlooking the unique challenges and intricacies associated with managing a family-owned business. However, there is a noticeable shift toward seeking advice on non-business, yet equally important, aspects of family business.
Historically, professional advisors primarily focused on business-related matters, often overlooking the unique challenges and intricacies associated with managing a family-owned business. However, there is a noticeable shift toward seeking advice on non-business, yet equally important, aspects of family business.
A recent national study was conducted by MacKenzie and Next Gen Collaborative to understand how family businesses are viewed today. The findings revealed key perception gaps that could be affecting brand reputations, workforce attraction, and overall competitiveness.
The article, “Get On Board,” written by Dr. Stacy Feiner, Growth Strategist and Performance Psychologist, and originally published on Forbes Magazine, discusses how owners of closely-held businesses will often dismiss the idea of creating a board of directors.
This article discusses the pressing issue that is impacting every business and family business in America today: the skyrocketing costs of healthcare. Read the full article.
This article discusses how family members can use various voting methods for a fair decision-making process. Depending on your specific needs, the voting techniques outlined may be used independently or together.
The Financial Crimes Enforcement Network has implemented a new regulation under the Corporate Transparency Act that requires certain businesses to file Beneficial Ownership Information by January 1, 2025. This mandate aims to enhance transparency and combat illicit activities, such as money laundering and fraud, by creating a federal database of beneficial owners.