Advising the Family Business Owner about Succession and Estate Planning Issues
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Published: 2007
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Published: 2007
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DOWNLOAD EBOOKAuthor: Gregory Monday
Publisher: American Bar Association
Published: 2022-05-02
Total Pages: 188
ISBN-13: 9781641056915
DOWNLOAD EBOOK"This book provides lawyers with step-by-step guidance on how to lead family business owners through the succession planning process to produce a result that is tailored to the unique circumstances and objectives of the owners and their successors."--Back cover.
Author: Joe M. Goodman
Publisher: American Bar Association
Published: 1997
Total Pages: 234
ISBN-13:
DOWNLOAD EBOOKThis guide will assert the estate planner to work with business owners or other family members as they plan for succession.
Author: C. Aronoff
Publisher: Springer
Published: 2017-06-30
Total Pages: 98
ISBN-13: 1137515007
DOWNLOAD EBOOKIn How to Choose and Use Advisors , authors Aronoff and Ward establish benchmarks for excellent advisory services and they show business owners how to benefit from advice ranging from legal and financial to executive search and organizational development.
Author: Michael A. Lobraico
Publisher: BPS Books
Published: 2011-08-23
Total Pages: 174
ISBN-13: 1926645693
DOWNLOAD EBOOKWhether big or small, global or local, family businesses are the engine of wealth and security for owners, families, employees, and business as a whole. But as this book shows, that engine can easily break down: If the family, ownership, and business circles related to the business fail to hold regular and candid conversations that clarify ownership's intent for the business and the rules for family members' ownership of and employment in the company And if the business fails to run itself on solid, independent business principles Using an entertaining case study of a composite company, Blooms Floral, the authors coach readers in how to conduct these conversations to ensure that future generations of their family business not only survive, but thrive.
Author: William J. Rothwell
Publisher: CRC Press
Published: 2022-10-04
Total Pages: 187
ISBN-13: 1000728358
DOWNLOAD EBOOKWho will lead your organization into the future? Have you created the systems to properly implement required succession transitions? Have you put the financial tools in place to fund the transition? Do you want a plan that connects with your personal and company core values? When do you include timely planning related to strategy and talent issues? What are the appropriate communication strategies for sharing your plan? What legal issues need consideration related to the strategy, financial, and people aspects of succession? So, what is preventing you from starting this effort tomorrow? Small and family businesses are the bedrock of all businesses. More people are employed by small and family-owned businesses than by all multinational companies combined. Yet the research on small and family businesses is bleak: fewer than one-third of small business owners in the United States can afford to retire. Only 40% of small businesses have a workable disaster plan in case of the sudden death or disability of the owner, and only 42% of small businesses in the United States have a succession plan. Fewer than 11% of family-owned businesses make it to the third generation beyond the founder. Lack of succession planning is the second most common reason for small business failure. Many organizations often wonder where to start and what to do. Succession Planning for Small and Family Businesses: Navigating Successful Transitions presents a comprehensive approach to guiding such efforts. Small and family-owned businesses rarely employ first-rate, well-qualified talent in human resources. More typically, business owners must be jacks-of-all-trades and serve as their own accountants, lawyers, business consultants, marketing experts, and HR wizards. Unfortunately, that does not always work well when business owners embark on planning for retirement or business exits. To help business owners avert problems, this book advises on some of the management, tax and financial, legal, and psychological issues that should be considered when planning retirement or other exits from the business. This comprehensive approach is unique when compared to the books, articles, and other literature that currently exist on the market. This book takes on a bold and integrated approach. Relevant research combined with the rich experiences of the authors connects this thorough, evidence-based approach to action-based approaches for the reader.
Author: Mike Fager
Publisher: Lulu.com
Published: 2007-11
Total Pages: 226
ISBN-13: 0615176143
DOWNLOAD EBOOKSuccession Planning for the Family Owned Business represents a comprehensive strategy for ensuring that your family business is passed successfully to the next generation. Within these pages, you will find everything you need to plan for the future of your small business as well as your family.
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Publisher:
Published: 2009
Total Pages: 1222
ISBN-13:
DOWNLOAD EBOOKAuthor: Ian M. Hull
Publisher: Hull & Hull LLP
Published: 2005
Total Pages: 124
ISBN-13: 9780433451129
DOWNLOAD EBOOKAuthor: Craig E. Aronoff
Publisher: Family Enterprise Publisher
Published: 1994
Total Pages: 84
ISBN-13: 9780965101165
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