by webmaster | Aug 21, 2021 | Portfolio Magazine
At a recent board meeting of the Juan Perez Mall Pizza Franchise an amazing event happened. The two sons who had been running the business successfully for years all of a sudden found themselves looking for a job. Their Mother and two sisters had voted to strictly...
by webmaster | Aug 20, 2021 | Portfolio Magazine
Family Businesses are beautiful but complex organisms. Those of us who work with our family members know something about this. As advisors for family companies we often see deep alienation between family shareholders and managers. What usually begins innocently and...
by Escritor The Sii | Aug 20, 2021 | Portfolio Magazine
Over and over we see families where one member becomes alienated from the other family members yet ends up the determining factor in the future of the family’s business. The individual may distance themselves from other family members to the point of not talking to...
by Escritor The Sii | Aug 20, 2021 | Portfolio Magazine
It is remarkable fact that many family businesses do not have boards, and that many companies (both privately and publicly owned) that have boards often find them to be quite ineffective. Why do these realities occur? Should owners of family companies invest time and...
by Escritor The Sii | Aug 20, 2021 | Portfolio Magazine
In our last article we visited the Alvarez family. In this sad case the parents had left the shares of the business in unequal amounts to the four surviving children. There was substantial conflict between the two boys who worked in the business. The two children...
by Escritor The Sii | Aug 20, 2021 | Portfolio Magazine
Identifying Generational Wealth Value.In our last article we wrote about a family grappling with the issues of wealth. The older generation (three brothers in their 70’s) had stated that they felt that the next generation did not understand the purpose of money. ...
