Insuring for Business Continuation
- A Tale of Twoâ€¦ Business Exits. Grieshaber, Bruce G. // Business Journal (Central New York);8/24/2012, Vol. 26 Issue 34, p4B
The article offers information on business exit planning of two business owners, one is a small solely owned business with a revenue ranging from $3 million to $5 million and the other is a medium-sized family business.
- Which business structure for husbands and wives? Kamoroff, Bernard // In Business;May/Jun97, Vol. 19 Issue 3, p40
Discusses information about husband and wife business. Criteria of the Internal Revenue Services (IRS) in determining the status of a husband-and-wife business; Difference between sole proprietorship and partnership.
- FAMILY AND NON-FAMILY BUSINESS DIFFERENCES IN ESTONIA. Kirsipuu, Maret // Discussions on Estonian Economic Policy;2013, Vol. 21 Issue 2, p58
This paper seeks to identify differences between family enterprises and non-family enterprises. The concepts of entrepreneurship, entrepreneur and enterprise/business are clarified. The paper contains the results of research conducted by the author among family entrepreneurs in 2007-2012 that...
- Running a family business can get rough. Reinfeld, Hesh // Business Journal (Central New York);1/20/2006, Vol. 20 Issue 3, p35
The article presents the author's view on running a family business. The author mentions how he gets paid for not working. He feels that he is lucky in this manner as he gets a hefty check every week just by sitting at home. His brother was considered as the brains behind the business as he had...
- LOS RETOS DE LAS EMPRESAS FAMILIARES ANTE SU CONTINUIDAD: CASO TEHUACï¿½N. Guzm�n, Hilario D�az; Corona, J. Miguel �ngel; Mayett, M. Y�sica // Revista Internacional Administraciï¿½n & Finanzas (RIAF);2013, Vol. 6 Issue 1, p1
Family business is a vital force in the global economy. Nevertheless, the challenge of balancing family interests and business goals may help explain the high mortality rate of family businesses. When family members work together, emotions may interfere with business decisions. A serious problem...
- Succession planning: reflect on all concerns. Van Wert, I. Gregg // American Printer;Jul2004, Vol. 233 Issue 4, p36
This article discusses matters about family business succession. Founders must identify key issues and build consensus among family members to every extent possible. Some children will want to remain, or become, an integral part of the business. Others may not. Clearly understanding who fits...
- Hidden Dragons: Handling Family Conflicts in Buy-Sell Agreements for Business Succession. White, Paul E. // Journal of Financial Planning;Jan2007, Vol. 20 Issue 1, p70
Buy-sell agreements are used as the foundation for transferring family-owned businesses across generations. For the process to be successful, relational issues are critical to understand and address. Astute financial advisors will understand that business succession can involve complex family...
- Strategic succession planning requires foresight. Walsh, Thomas // Business Journal (Central New York);2/25/2005, Vol. 19 Issue 8, p18
Provides some advice on planning for the next generation of leadership in closely held businesses. Examples of succession points that can hamper a business and ultimately cause it to fail; Need to identify capable candidates for each of the key positions and detail specific steps to transfer...
- Summing Up. // njbiz;8/29/2005, Vol. 18 Issue 35, Special Section p32
Offers pieces of advice on business management. Factors to consider when planning to exit a business; Importance of planning when deciding to keep a family business in the family; Decisions to be made when planning to sell a business.