P. Haans Mulder

I recently attended a forum for the Family Business Alliance and heard a startling fact about family businesses that is also apparently true in our area. 80% of local family businesses want to transition to the next generation. But, only 20% have a succession plan. This is problematic and in particular when family businesses make …

Getting Started on Family Businesses Succession Read More »

Seminar Invitation

When your business is doing well, it’s easy to just work “in” the business and not “on” it. In other words, the day-to-day customer and client demands dictate your day and you don’t take the steps to focus on important ways to position your company for the future. One of these actions is strategic planning. Which …

The importance of working “on” the business Read More »

If you own a business or advise business owners, you know that having a business partner can be one of the most fulfilling relationships (outside of a marriage). It can help “round out” your skills, give new perspective to your business, and allow the company to grow much faster than it would if you were …

What happens when your business partner goes through a difficult time? Read More »

As a business owner, you may have protected your assets from liabilities by setting up a business entity such as a corporation or limited liability company. But have you protected your personal assets against other liabilities? Business owners have legal risks from business creditors. Risks include a customer who slips and falls on the owner’s …

Protect your personal assets from business liabilities Read More »

Would you want the assets you have earned during your life going to your child’s creditor or ex-spouse after your death? These are difficult subjects to acknowledge, but they can and do happen. If your inheritance goes directly to a child or loved one (e.g. through a will or trust), those funds become an asset …

Protect the inheritance you plan to leave for your children Read More »