Regardless of how much debt a family business operates with, access to credit when it is needed is essential. In this week’s post, Andy Gibbs describes the key factors affecting banks’ willingness to loan money to family businesses, and provides an overview of what the credit outlook looks like for 2020.
Listing the best books one has read over the preceding twelve months is commonplace. Family Business Director eschews the humble-bragging endemic to such lists. Instead, we offer a list of four books that we plan to read in 2020. We confess to reading far more book reviews than actual books, and we selected these books, in large measure, on the basis of generally glowing reviews. Upon completing each book, we will report back in future posts with our own impressions and takeaways for family business directors.
This week’s post is a part of a periodic series called “Family Business Industry Spotlights.” In these posts, we will share conversations with our family business advisory professionals who have deep experience working with family businesses in a particular industry. We think the conversations promise to be of interest to family business directors regardless of their industry. This week, we talk with Scott A. Womack about the challenges and industry trends facing families in the Auto Dealer Industry.
Addressing topics such as share redemption programs to the role of non-family directors in a family business, Family Business Director speaks with board member Edward Jackson of H.G. Hill Realty Company for his insights on questions common to family businesses. This post is part of a series of interviews with family business leaders and experienced advisors.
Family Business Director is off enjoying 4th of July festivities this week. For our readers that are looking for some beach reading, we thought we would direct your attention to some of our more popular posts in case you missed them the first time around.
This week’s post is the first in a periodic series of “Family Business Industry Spotlights.” In these posts, we will share conversations with our family business advisory professionals who have deep experience working with family businesses in a particular industry. We think the conversations promise to be of interest to family business directors regardless of their industry. This week, we talk with Tim Lee about the challenges and industry trends facing families in the beverage wholesaling industry.
The 2019 Transitions Spring Conference will be held next week, April 3-5, in Tampa Bay, Florida. Travis Harms, senior vice president and leader of Mercer Capital’s Family Business Advisory practice, will be attending the conference.
From time to time, Family Business Director will interview family business leaders or experienced advisors to get their perspective on important questions common to family businesses. In this first installment, we talk with Dan Hatzenbuehler, the retired Chairman and CEO of E. Ritter & Company. Dan offers great insight that we know our readers will profit from.
The new year provides a natural opportunity for family business directors to think about the current condition of their family business and ponder what the future might hold. In this first post of 2019, we identify a handful of questions that family business directors would do well to think about.
Corporate Finance & Planning Insights for Multi-Generational Family Businesses
This is the inaugural post for our Family Business Director blog. By way of introduction, we thought we would anticipate a few questions that you might have.