The holidays are a time for family – that may be a cliché, but it’s a cliché for a reason. For many of us, this time of year is dominated by family gatherings and moments to connect with our loved ones.

Its easy to lose direction when implementing Family Governance for your business. Find out three vital fundamentals you need to keep in mind when doing so.

Is your business a financial savvy family firm? The long term success and failure of a Family Firm and its members is directly related to how financially knowledgable its members are.

The success of any business depends on productive, healthy relationships within that business. For family businesses, this can be more of a challenge than it is for most other businesses.

While the unique dynamics of a family business provide many benefits, they also create a few challenges. One of the most significant is the difficulty that comes with talking about the future.

Leadership is an elusive skill – one that many businesses spend a lot of time and energy trying to develop. It is also a critical function that can determine a business’s ability to survive and thrive.

Operating a family business has many challenges, from deciding on legacy issues to managing the complex interdependence of the family unit with the commercial world.

As we lose our natural vision, the older we get; we often require the assistance of others, to see what is before us. This holds true in the life of a family business; the longer we co-exist together, the harder it becomes to “see” and be forward thinking.

Though divorce has many implications, both emotional and practical, one of its key considerations is the equitable division of assets.