Are You Planning For A Family Legacy Or A Family
Tragedy?
A self-help
approach to
business succession and estate planning for
Entrepreneurs
Business owners
Family members
Most
experts
agree,
the real strength of a generational family business is
having a clear vision for the business and a family value system that
shapes the decision making processes within the family and the business
Another critical
part of the succession equation is access to the professional
skill-sets needed to preserve and renew a business - and to help manage
the succession process.
The Planning a Family & Business Legacy
e-book outlines a holistic process to create a plan that will help a
family business discover solutions-in- common that reconnects the
family, enhance values and increase business profitability.
Consider The
Consequences Of Not Having A Plan
-
Shortly after his passing, John
Wayne's heirs lost his 47,000 acre Arizona ranch because the wealthy
actor had failed to do any business continuation planning.
-
Perched above the shimmering
California coastline, a 9,000 acre ranch belongs to a family since
1882, is lost after a 20-year legal battle stemming from inadequate
family communications, business and financial planning.
-
Western land baron Clarence Salyer
lost control of his empire when two of his sons forced him out of
power, forever dividing the family into two irreconcilable factions.
Study The
Statistics
In the next ten
years, succession will occur in over 50% of family businesses
- only 57% have done any estate planning
- only 30% of family businesses survive beyond the
first generation
- only 28% of family businesses have a formal buy-sell
agreement
- only 15% of family business survive beyond the second
generation
- only 7% of family businesses have advisors to help
deal with family relationship problems
The Family &
Business Renewal model helps entrepreneurs, family business owners and
their families transfer wealth to succeeding generations, enhancing
family relationships in the process.
The Planning a Family & Business Legacy
e- book is a time-tested approach to family business Succession and
estate planning.
Find out why
traditional business succession planning fails, and how the FBR model
reaches beyond reaches beyond traditional planning techniques
Learn how best
to protect your business and estate through wills, trusts, gifts, life
insurance, buy-sell agreements, and more
Understand why
and how to include the entire family in the planning process
See how hundreds
of business owners and their families have benefited from working
through the FBR process
A valuable
resource for all entrepreneurs, business owners and family members.
|