Family Business Structure

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Blog, Family Business Structure

Do I Really Need To Update My Buy-Sell Agreement as Part of My Family Transition?

February 21, 2020

As I’ve worked through an abundance of family ownership transition projects over the past few months, one item has surfaced that is often underappreciated – the company’s buy-sell agreement.View
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Blog, Family Business Structure

In Family Business Transactions, the Structure is More Important Than the Number

January 13, 2020

When preparing for a family business transition, the value of the business matters. But we've found that the structure of the transaction matters even more.View
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Blog, Family Business Structure

How to Retain Your Family Business as an Investment as an Alternative to Selling

September 16, 2019

Families are often torn about the long-term fate of their family businesses.View
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Blog, Family Business Structure

The Future Leader of Your Family Business May Not Be Who You Think

August 1, 2019

Identifying the right successor and adequately grooming them to step into the leadership role is probably the single biggest factor in the ultimate success and longevity of a family business.View
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Blog, Family Business Structure

The Yuengling Family Prepares For Its Sixth Generation, With a Twist

May 30, 2019

In a family business that has traditionally been handed down from father to son, Yuengling is now preparing for its sixth generational transfer – this time, from father to four daughters.View
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Events, Family Business Structure

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Blog, Family Business Structure

Resources to Prepare the Next Generation of Your Family Business

February 7, 2019

When we work with family businesses to structure and execute their ownership transition to the next generation, we often get questions from the exiting generation about the resources that may be available for their children after they are gone.View
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Blog, Family Business Structure

What the L.A. Chargers Can Teach Us About the Value of Family Business Succession Planning

November 5, 2018

The LA Chargers recently lost their patriarch, Alex Spanos. NFL franchises are valued in the billions, so the potential estate tax bill in a situation like this is enormous. Many franchises would need to sell part or even all of the team to raise enough capital to pay the tax bill.View
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Blog, Family Business Structure

3 Strategies for Developing the Next Generation in Your Family Business

September 12, 2018

The next generation can engage in a variety of activities to prepare and demonstrate their readiness for a key leadership role. The more common types of activities tend to involve some form of mentoring, experience, and additional education.View