Have you filed your taxes yet? The tax season officially started on January 29, 2024, when the Internal Revenue Service (IRS) started accepting and processing returns. Before you submit your 2023 tax return, however, there are some things you’ll need to think about first.
The First Bank Center for Family-Owned Businesses hosted "The Secrets of Servant Leadership" event. CEO Shelley Seifert moderated a panel discussion with Dr. Ken Blanchard, author of "The One Minute Manager", and "Servant Leadership in Action", among dozens of other best-selling management and leadership books; Estean Lenyoun, Founder of Impact Urban America; and Roger Kotch, former CFO of In-N-Out Burger.
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.
Dennis T. Jaffe, PhD, Senior Research Fellow at BanyanGlobal Family Business Advisors, acclaimed workshop leader, speaker, and author, shares common traits, actions, and philosophies of family enterprises around the world that are 100 years old or older.
Small-business owners want to strive for the best possible return on investment (ROI) on their marketing dollars, and advertising and publicity are two separate but very important components of a well-rounded marketing communications plan. Advertising refers to paid-for promotions; publicity typically means low- or no-cost news coverage and word-of-mouth promotion of your business.
Join a conversation with Rich Ryffel, Professor of Finance Practice at Washington University's Olin Business School and Josh Baron, Co-founder BanyanGlobal, Visiting Lecturer, and Author of “Harvard Business Review: Family Business Handbook”, as they unpack key differentiators surrounding family business leadership and ownership versus that of publicly-traded companies.