A new administration in office typically comes with changes that can impact both you and your business. Watch the webinar on demand to hear from two leading economists about what to expect in the year, and years, ahead.
The First Bank Center for Family-Owned Businesses held a webinar on family legacy and family business, with Michael Dierberg, Chairman of the Board, FB Corporation (First Bank) and fourth generation owner, and Pierre duPont of the duPont family. This intriguing and inspiring discussion between two American, values-driven family business leaders focused on running a multi-generational family business, investment strategies, philanthropic endeavors, and honoring and protecting the family and family business legacy.
Only 10% of the world’s top family businesses are led by women, but the numbers are rising.
A buy-sell agreement is a legally binding contract in which the owners of a business set forth the terms and conditions of a future sale or buy back of a departing owner's share of the business. Specifically, buy-sells control when owners can sell their interests, who can buy an owner's interest, and at what price.
Although producing a high-quality product or service that consumers want or need is essential to a successful, sustainable family business model, there’s yet another component that shouldn’t be overlooked: building authentic client relationships.