family business

Key Takeaways: You can define what your family stands for and cares about—or you can allow the world to do it. When families are clear and intentional about their values,…

Key Takeaways: Earn-outs can help sellers and buyers make a deal when they don’t agree on a firm’s value. Details around post-sale control of the company and around timing of…

Key Takeaways: Making New Year’s resolutions, and then soon falling short on them, is a very human practice. (One that dates back millennia, in fact.) The human brain craves habit—and…

Key Takeaways: Compliments and recognition—from you to your team, and from team members to each other—are more powerful than most people think. Having serious, meaningful conversations with your people can…

Key Takeaways: An exit plan should be closely examined to see whether it’s on track. How confident are you that you’re protected from frivolous lawsuits? Retirement plans can have multiple…

Key Takeaways: Financial criminals have their sights set on the affluent. Their methods include email phishing, fraudulent investments, tax scams and beyond. Some of the best moves you can make…

Key Takeaways: A focus on results—not the solutions to get the results—is important. Top professionals focus on their best skills and outsource the rest. Connecting with others and building productive…

Key Takeaways: How you define success may depend on your age, your gender and your level of wealth. As their net worth increases, people are more likely to define a…

Key Takeaways: Constructive empathy involves “stepping into the shoes” of another person, for the purpose of creating an agreement or deal. It’s crucial that you be highly attentive to the…

Key Takeaways: Financial buyers are solely interested in getting a financial return by purchasing a company. Strategic buyers care a great deal about generating synergies by combining two or more…