It is great to see families in business together. Especially across the generations.
No doubt there are some downside, but the benefits can be huge. It can bring significant financial benefits that can outlast the founders. It can bring a sense … Read more
Family Office
What comprises a Family Office?
In essence, it is the separation of a business from family wealth and the attention and diligence to the management of both.
There are many other aspects often attributed to family office, including the independent … Read more
Flying blind
“How’s your business going”?
Often the answer is friendly, “good”. But a more thorough questioning may reveal that the owner really doesn’t know what’s going on inside his or her business.
Does the business owner intimately know the … Read more
Proper structure plus good conduct delivers great performance
A wise colleague of ours always said, “80% of business problem can be attributed to inappropriate structure”.
Yet we often hear business owners proudly say, “We have a flat management structure”. They see it as a symbol of the friendly … Read more
