Six Steps to a Family Succession Plan
In the next ten years, 72% of Canadian business owners will retire, and as a result, will look to transfer their family business.
In the next ten years, 72% of Canadian business owners will retire, and as a result, will look to transfer their family business.
“Mixing Business with Family” or “Mixing Family with Business”. Although they are similar, they are not defined, and especially not experienced in the same way by the members of a…
A family business founder once asked me: “what was I thinking, wanting to build a family business?” Here is what immediately flooded my mind, almost too quickly to get it…
It has been mentioned over and over that “Passing the torch” was one of the most (if not the most) important step of succession planning in a family business life.…
“Passing the torch” in a family business might be the most important step of succession planning. A successful transition is not the result of an isolated event but rather a…
While dedicating time to grow a business is important, preparing for the inevitable *life after* is just as important. The planning of a successful succession should start as soon as…
The questions below will help the ownership of a family business begin the transition process. It is by no means the only tool that should be used, and should be…
80% of all Canadian businesses are family-owned. But did you know that family businesses financially outperform non-family businesses?
80% of all Canadian businesses are family-owned. But did you know that family businesses financially outperform non-family businesses?
The family business can be a convoluted pool of personal and professional relationships. Who fits in where? Who has a stake in decision-making?
Unlike a Family Counsel, whose objective is to provide a sounding board for family members and to assist in conflict resolution and/or arbitration, the Family Business Constitution is a written…
Concordia University’s John Molson School of Business and Montreal-based accounting firm Fuller Landau LLP have begun their annual search for Quebec’s leading family-owned businesses for the 2013 Fuller Landau Family…
Fuller Landau LLP and Concordia University’s John Molson School of Business announce the winners of the Fuller Landau Family Business Awards. Now in its second year, the awards recognize Quebec-based…
After a successful first year filled with outstanding nominees and winners, the John Molson School of Business at Concordia University and Montreal-based accounting firm Fuller Landau LLP have begun their…
Join Michael Newton, managing partner at Fuller Landau, and Jim Kellett, Portfolio Manager at MacDougall, MacDougall, and Mactier for a breakfast discussion on the Family Business and the Family Office.
Fuller Landau LLP and Concordia University’s John Molson School of Business are pleased to announce the first recipients of the Fuller Landau Family Business Awards. These awards aim to honor…