Did you know that over 70 percent of businesses run by families do not make it through the transition from the founder to the second generation? This is the more reason to have a solid succession plan if a family-owned business is to pass from one generation to...
Life is full of ups and downs, but still, you owe it to yourself to live fully. Often, going with the flow doesn’t cut it. It becomes frustrating and boring at which point, it is time to evaluate your life. That is where intentional living comes in. From the...
Not many view life insurance as an investment. To many, it’s just a safety net for the future. It’s mostly purchased for estate planning or for one’s heirs if they pass away. Seldom is it considered an investment. In this piece, we are going to take...
As a small business owner, it is of utmost importance to know how your business is faring. Entrepreneurs want to know what is working for their company and what is not. Additionally, the business landscape is , and it would be wise for entrepreneurs to continually...
Family-owned businesses are most likely to fall when transiting from the founder to the second generation. Some of the contributing factors include taxes and family discord. However, the main reason why family-owned businesses fail when transiting is lack of a good...
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