News A collection of family business related articles from the leading business publications

NOVEMBER 2010

"Family Business: To Sell, or Not to Sell"
"Owners who have spent considerable time and energy building their businesses are usually not emotionally prepared to sell"

Succession Planning Simplified
Succession planning can be a daunting endeavor to get started.  This short five-step outline helps simplify the process to make it more manageable.

My Three Sons
With three capable sons in the wings ready to take over, David Harris was relieved he didn't have to choose between them

"Estate Planning: It's An Art Not a Science"
We've sometimes been led to believe that estate planning is more of a formula-driven process, when actually a great deal of subjectivity exists.

"Hiring Family or Friends ...
... to work for you can be boon or bust."  The success can be maximized by "setting goals and objectives up early, and really talking about it."

"Secret to Succession: You've Got to Let Go"
"You've got to let go. If you don't want to let go, don't go into a succession plan." 

"We Protect Widows and Orphans"
"Shift to Wealthier Clientele Puts Life Insurers in a Bind"