Flight simulators are excellent tools to test whether or not a pilot is ready to fly on her own without actually taking a multi-million dollar plane in the air. Can you imagine booking your next flight to London with a pilot who has a flight plan but has never tested the plan by actually flying a
Reprint courtesy of Eric Jay Decetis, all rights reserved EricDecetis.com When the key owner and founder of a successful family enterprise dies this event oftentimes creates two additional certainties.. a liquidity problem for the surviving family members especially the spouse and a harmony problem created by children and other relatives who previously loved each other
If you are a business owner and care about your family, the biggest deal for your business and your family is to put your affairs in order! If you didn’t show up for work today, would your family know what to do? Would they be prepared in their new role as owners? What would the
We have all heard the statistics that 90 percent of Family Owned Businesses will not survive past the second generation. Many entrepreneurs are aware of this trend, and are prepared to do something about it. Some have even taken the appropriate first steps, and have a loosely outlined Succession Plan (either on paper or in