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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
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Blog, Family Business Structure

Phantom Stock and Your Family Business

July 18, 2018

With some thoughtful planning and monitoring, issuing phantom stock may be a good alternative to actual stock in your family business, while still creating an incentive and rewarding your key employees.View
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Blog, Family Business Structure

Outside Ownership in a Family-Business: A Good or Bad Idea?

March 28, 2018

Over the course of their existence, many family-owned business have to consider whether or not they should bring in outside capital and allow outside ownership.View
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Blog, Family Business Structure

Impact of the Tax Cuts and Jobs Act on Family Business Ownership

January 30, 2018

The recently-passed Tax Cuts and Jobs Act has brought about a whirlwind of new tax considerations for both families and businesses. View
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Blog, Family Business Structure

The NFL – A Family Business Institution?

September 14, 2017

Given the limit on the number of investors, many of the National Football League teams are owned and operated as family businesses.View
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Blog, Family Business Structure

Evolving a Family Business: Lessons Learned from a Wisconsin Dairy Farm

July 21, 2017

A family business needs to grow not just for its own survival, but for the family's as well. How will you evolve to ensure growth for the next generation?View
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Blog, Family Business Structure

What Happens When a Family Business Owner Doesn’t Want to Retire?

May 26, 2017

We all know succession planning is important. But what if you're a family business owner who doesn't want - or isn't ready - to retire?View
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Blog, Family Business Structure

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

March 22, 2017

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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Family Business Structure, Looking Forward

Boscov’s Department Store: A Family Business Succession Story That So Far, Equals Success

March 20, 2017

This family-owned business had a succession plan in place well in advance of the death of one of its most iconic leaders, Albert Boscov.View