Building a successful family business takes time, strategy and sacrifice. Entrepreneurs face a multitude of challenges while growing a company, but one of the greatest is often succession planning. ...
What the Rogers family drama can teach us about succession planning
The Rogers family drama has been captivating. The whole country watched it play out in the fall of 2021, when Edward Rogers tried to fire Rogers CEO Joe Natale. This ...
10 questions you should ask before hiring an accountant for your healthcare practice
Running your own healthcare practice involves making many crucial decisions, including selecting the right accounting firm. An experienced accounting firm will give you the support and 1:1 attention you need, ...
Family and corporate governance: A powerful combination
One of the most valuable qualities that family businesses share is intimacy – that is why family and corporate governance is so important. Not only do the team members know ...
Ownership transition strategies: 4 factors to bridge the generation gap
If there is a single constant in the world of business, it’s change. Savvy and successful business owners know that when things get a little too comfortable, it’s often a ...
6 key facets to a successful family enterprise
A family enterprise can be recognized today as an important and distinct organization in the world economy, operating in every country. Although family businesses have been described as unusual business ...
Prescribed rate reductions could mean savings for your family
Back in April of 2018, the prescribed rate increased from 1% to 2%. Previously, the rate had remained stable for several years, aside from a brief hike for one quarter ...