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Category: Family Business

The Challenges of Managing a Family Business

August 11, 2019 lighthouseadvadmin

The most common circumstance that creates a Family Business is a founder who, over time, brings family members into the…

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Posted in: Family Business, Generations, Management Transition, Strategic Planning

Generational Changes in a Family Business

lighthouseadvadmin

The topic here is transition of Ownership and Management from older people to younger people. In a publicly-traded corporation, the…

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Posted in: Generations, Management Development, Management Transition, Managing Your Family Business

Long Term Planning for the Future Ownership & Management of Your Business

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Business owners generally assume that they will manage their business, functioning as owners, for as long as they are able,…

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Posted in: Financial Management, Generations, Managing Your Family Business, Strategic Planning

How to Resolve Difficult Family Employee Decisions

July 22, 2019 lighthouseadvadmin

what is best for the business?  Then what is best for & fair to the affected employees? A business leader…

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Posted in: Management Development, Management Transition, Managing Your Family Business

Intangible Assets

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Institutional knowledge vs. new creativity The original form of learning: Passing on what you know to the next generation so…

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Posted in: Generations, Management Development, Managing Your Family Business, Strategic Planning

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