Developing wealth allocation principles for your family business succession will underpin family harmony and grow wealth in future generations. That, of course, is if you get your principles right, which all starts with asking the right questions. Active Knowledge…
Wealth Allocation Principles
A clear set of guiding principles outlining the way in which wealth will be dealt with in your family will bring clarity, better communication, reduced conflict and, in fact, will produce a growth in your family wealth. Active Knowledge…
Wealth Allocation With Wisdom and Prudence
Wisdom and prudence is required in allocating your wealth in a manner that will support the compounding of that wealth across future generations and underpin family unity. Active Knowledge Question: Have you established wealth allocation principles to guide the…
Forethought and Dividing Up ‘The Farm’
One of the most challenging experiences that can occur in succession is deciding what a fair allocation is between family members. And, the truth is, 50/50 is often not fair. Active Knowledge Question: Succession may be some years away…
Succession And The Catalysts of Capital Value
Are you serious about building the capital value of your business? Then your focus must be firmly on the catalysts that will create that capital value. Active Knowledge Question: What are the agents that drive the performance and profit…
