Recent surveys have unveiled a resounding consensus among family business leaders: the imperative to explore untapped territories ranks among the top priorities for strategic evolution.
Charles Claver, Senior Vice President and Private Wealth Advisor, discusses structures and strategies to implement for passing your business to the next generation successfully.
Business owners anticipate changes in the future with things like strategic planning, life insurance policies, estate and trust documents, and more. However, what happens when all of this is circumvented by life changing events with family members and key employees?
The First Bank Center for Family-Owned Businesses held a webinar on August 10th, 2021 covering strategic planning as a foundation for family business succession.
Brett Tijanich, Commercial Team Leader and Senior Vice President at First Bank, discusses the importance of liquidity management for family-owned and privately-held businesses.