Family Business

Browsing posts in Family Business

Comments Off on Nepo Baby Business Planning   |   General

Nepo Baby Business Planning

Friend of the firm, Derek Moffatt, Principal with Moffatt Financial Strategies, advises clients preparing businesses for successful exit strategies. This article offers guidance on how to “put the ‘no’ in nepotism”. Nepo Baby Business Planning By Derek Moffatt, CFP®, CExP™ The sense of pride in building a business and keeping it in the family can […]

Comments Off on Selling to Junior: How Private Equity Can Fund Family Succession and Foster Success   |   General

Selling to Junior: How Private Equity Can Fund Family Succession and Foster Success

The author provides a comprehensive overview of issues related to passing a family business from one generation to another. He also proposes a scenario where private equity is used to facilitate the transition. Keep in mind that most private equity groups require an EBIT-DA greater than $1 million. If your business is smaller than that, […]

Comments Off on Kids Taking Over the Business? 8 Things to Consider   |   General

Kids Taking Over the Business? 8 Things to Consider

Key quote: “When you have children in the business owning stock and children outside the business owning stock, there is a natural conflict.“ From Divestopedia: ******************************************* Kids Taking Over the Business? 8 Things to Consider By Josh Patrick Takeaway: Transferring ownership of a business is difficult. Transferring it to a family member makes it even […]

Comments Off on Keeping it in the Family   |   General

Keeping it in the Family

In assisting our family business clients in making the right decisions for the futures of their companies, K&A believes it is important to examine all options.  This article highlights several issues to consider about passing a business to the next generation. ************ Corporate Governance: Keeping it in the Family When handing your company down from […]