Many family business leaders never question whether to have a board of directors. If the business is set up as a corporation, most of the time it is legally required to have a board of…
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Ask any family business advisors to identify the top three family business challenges and odds are good the reply will come instantly: Succession, succession and succession. Next will come a broad smile as the point…
Jeff Bezos, founder and CEO of Amazon, has amassed an online empire that’s valued in the neighborhood of $247.6 billion. Despite his billions, Bezos doesn’t have all of the answers. Recently, for example, his “friendly…
If you ask almost any family business advisor to identify the right time to form a board of directors, the answer will be forthcoming almost instantaneously. “Right now.” This is because the conventional wisdom is…