Family Business Director attended the Transitions Spring 2020 conference in sunny Tampa last week. In this post, we discuss a few recurring themes from the conference.
Corporate Finance & Planning Insights for Multi-Generational Family Businesses
Family Business Director attended the Transitions Spring 2020 conference in sunny Tampa last week. In this post, we discuss a few recurring themes from the conference.
Family business directors should carefully consider how to integrate the risk of the family business with the risk of the family as a whole. Like their publicly-traded brethren, it may turn out that some family businesses aren’t risky enough.
In this week’s post we discuss, The Cartiers: The Untold Story of the Family Behind the Jewelry Empire written by Francesca Cartier Brickell.
In this post, Chris Mercer discusses a very important breakfast he had some time ago with a client and friend who is second-generation chairman, CEO, and lead family member of a very successful, third-generation family business. That breakfast served as a turning point for him and his business and the family.
This week, we conclude our series of posts on communicating financial results to family shareholders. Having focused on telling the story of the family business through the balance sheet and income statement, we turn our attention this week to the statement of cash flows.
When M&A markets are robust, as they are now, we find that some families start to think about selling the family business. There’s a good chance that families contemplating a sale have never sold a business before, and may not know quite what to expect. In this week’s post, we provide a brief overview of the steps involved in selling a business.
Everyone agrees that communication promotes positive shareholder engagement, but what does it look like to communicate financial results effectively? In this series of posts, we offer practical suggestions for presenting key financial data in ways that family shareholders find useful. In the last post, we focused on the balance sheet; this week, we turn our attention to the income statement.
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.
Everyone agrees that communication promotes positive shareholder engagement, but what does it look like to communicate financial results effectively? In this series of posts, we offer practical suggestions for presenting key financial data in ways that family shareholders find useful. We start in this post with the balance sheet.
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 2020, we identify a handful of questions that family business directors would do well to think about.
