When family business succession works, it is never due entirely to the older generation — G1 — or the next generation — G2. In every case, it works because both…
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Generation Two or G2 is shorthand for the next round of business leaders coming up through the family. It may actually be the third, fourth or later generation but in…
From the outside, succession looks like an adequately complex problem. The family firm needs to hand off from one generation to the next, without negatively impacting the firm, while ensuring…
No family business is an island. Every family firm requires outside assistance from time to time, even if it is nothing more than help preparing a tax return or selecting…
The Powerball lottery, as of today, is sitting comfortably at $1.5 billion. Whoa! And if your office is anything like ours, your co-workers are already discussing how they’re going to…
There’s much ado about millennials these days. For some they’re nothing more than a generation of selfie-obsessed, video-gaming freeloaders who are absorbed with the idea that work gets in the…
Like many of you, I travel – A LOT. Airports are like my second home. Every flight presents a new opportunity to finish up a report, read a book or…
It’s the end of an era for fruit and veggie wholesaler Malcom Hicks, who closed down his father’s 95-year-old business as he retired last week. Harold Hicks Ltd was a…
Eva Gabor’s “Green Acres” TV sitcom character, Lisa Douglas, may have had it right almost 50 years ago: “Farm living’s not the life for me.” Today, only 15% of the…
As anybody who watches the “Twilight” movies knows, vampires live forever. In reality, of course, the actors portraying the characters are as mortal as anyone. And the enterprises led by…