Many privately held businesses confuse business wealth creation with shareholder wealth ‘realization’. They are not the same, at times, not even close. This article presents board strategies to address shareholder wealth realization in a family enterprise. A prime benefit is increased shareholder ROI’s and liquidity and decreased exposure to tail risks.
Business is hard enough without adding family to the mix. Ninety percent of family businesses do not make it to the third generation for a variety of reasons. Master these tips reported in an exclusive interview with George Isaac by Inc. Magazine on how to keep peace with your family members while working with them in a multi-generational family business.