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Life Cycle of a Family Business


ISBN13: 9781787424067
Published: December 2020
Publisher: Globe Law and Business
Country of Publication: UK
Format: A4 Paperback
Price: £95.00



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The 'life cycle' of a family business is a fascinating process.

Beginning with the initial entrepreneur starting the business, it encompasses the development of the business to success, involvement of family members in the business, estate planning, preparation for integration of the next generation, creating a family constitution to regulate relationships among family members, and creating a family trust when appropriate.

The completion of the cycle then gives the option of continuing - to potentially become one of the one-hundred-year businesses. This Special Report is a one-stop collection bringing together a distinguished team of international contributors, each an expert in their respective field with a global reputation, to cover the entire life cycle of a family business.

It provides guidance on many of the key issues encountered including governance issues, protecting the family business assets, fostering entrepreneurship and succession planning.

Life Cycle of Family Business is a unique source of knowledge for family businesses and professionals working in this specialist field.

In this very readable single volume - edited by Barbara R Hauser and Alon Kaplan - those involved in family businesses can benefit from its expert guidance, at any stage of the life cycle.

Subjects:
Company Law
Contents:
Foreword
Dennis T. Jaffe - Wise Counsel Research
Introduction
Barbara R. Hauser - Independent family adviser, Alon Kaplan - Alon Kaplan Advocate & Notary
Stage One: The importance of family businesses and special concerns
Justin Craig - Bond Business School
Stage Two: The delicate family issues
Thomas M. Hubler - Hubler For Business Families, Inc.
Stage Three: Governance issues
Allen Bettis - Legacy Associates
Stage Four: Expansion – managing risks
Wendy Sage-Hayward - The Family Business Consulting Group
Stage Five: Protection of the family business assets
Claire Gordon, Daisy Tarnowska - Farrer & Co
Stage Six: Fostering entrepreneurship
Peter Vogel - IMD Business School
Stage Seven: Succession planning
Christian Stewart - Family Legacy Asia (HK) Limited
Stage Eight: The End (with sale or listing) or Continue
Dennis T. Jaffe - Wise Counsel Research