It’s not always easy for the senior generation “let go” and allow the younger generation to take the reins of the family business. It can be very hard to do. In most cases, the business is the senior generation members’ retirement plan and the largest asset they own, and trusting someone else with their financial […]
With each installment of our Video Blog Friday’s Series, Paul Karofsky reflects on influential lessons learned from his career working with family businesses. Each Friday, we will provide a new story with a unique topic – so stay tuned! We hope you enjoy the 17th feature in our series where Raymond, his father and brother […]
A couple of weeks ago, we covered what parents need to consider when they are thinking about bringing a child into the family business. This week, we want to look at this from the next generation’s perspective. What are four key things you should think about as you are determining whether or not to join […]
With each installment of our Video Blog Friday’s Series, Paul Karofsky reflects on influential lessons learned from his career working with family businesses. Each Friday, we will provide a new story with a unique topic – so stay tuned! We hope you enjoy the 16th feature where Stan feels “picked on” by his older brother […]