Family Business Owner Guidance Insights
Contact Brett to Request Receiving Directly the Newest Written Blog Insights Providing Comprehensive Guidance for Family Business Owners!
Guidance Topics: Building Maximum Family Business Value, Continuity, & Sellability, Exit & Transfer Strategies, Controlling the Family Component of the Business, Achieving Freedom to Enjoy Living the Life You Dream Of, Managing Personal Finances, Eliminating Bad Debt, Growing and Managing Personal Wealth.
8 Traps That Destroy First Generation Family Businesses
Here’s why 70% of #first generation #family businesses don’t reach the next generation. Delayed and/or poor strategic planning to maximize value. Insufficient business equity value built for first generation owner to exit. Incongruent family member succession...
3 Things Family Business Owners Should Do to Handle Attitudes of Entitlement.
Family Member Entitlement Attitudes Can Threaten Owner Freedom to Enjoy Life Self-made, first-generation family business owners can experience frustration and disappointment when their children or grandchildren don’t appreciate all of the sacrifice, effort, energy,...
3 Smart Moves for First Generation Family Business Owners to Build Business Value
To build a family valuable business and reach the freedom point, family business owners need to smartly plan to do the following: Define specifically the destinations for both business and personal. Family business and personal goals and objectives must be specific to...
The Freedom Point Guide eBook
As a Family Business Owner, Do You Know What is Your Freedom Point? As a family business owner, I reached a point whereby the majority of my net worth had ballooned to be centered in my business ownership. My equity concentration in the business potentially risked my...
10 Ways to Increase Your Family Business Value in 2022
Increasing family business value: As a family business owner, make it your goal is to build a more valuable business in 2022. Here are some proven strategies to consider : Stop chasing revenue. A bigger business is not necessarily a more valuable one if the extra...
Family Businesses Need Harmony to Thrive
Family businesses need harmony to thrive. What I really value most is guiding the dynamics of family business owners with their families. It’s extremely gratifying helping them ensure that their financial status is prosperous, and that their family psychological...