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ownership

May 1, 2007

Family businesses can often be thought of as solid and staid, not taking many risks and tied to age-old and sometimes outdated traditions. Not so, argues Albert Jan Thomassen – family businesses today are modern, proactive, diverse and up for new challenges

Family businesses can often be thought of as solid and staid, not taking many risks and tied to age-old and sometimes outdated traditions. Not so, argues Albert Jan Thomassen – family businesses today are modern, proactive, diverse and up for new challenges.

Albert Jan Thomassen is chairman of the FBN 18th Summit Programme Committee.

September 1, 2006

It is rarely a straightforward process and almost always a stressful one. Julian Lewis offers a few useful tips on how to avoid the pitfalls of selling your family business while, at the same time, negotiating the most profitable sale

Julian Lewis is head of the London Corporate Team at Halliwells, a UK law firm. He specialises in the sale of privately-owned businesses.

It is rarely a straightforward process and almost always a stressful one. Julian Lewis offers a few useful tips on how to avoid the pitfalls of selling your family business while, at the same time, negotiating the most profitable sale

September 1, 2005

Henry bought Able & Sons Construction 30 years ago after his father died unexpectedly of a heart attack. Henry grew his father’s business to $80 million in annual revenues, expanding into building churches and government buildings.

Henry bought Able & Sons Construction 30 years ago after his father died unexpectedly of a heart attack. Henry grew his father's business to $80 million in annual revenues, expanding into building churches and government buildings. He is well-respected in the community and proud of building the new Methodist Church, high school and city hall and expanding the county courthouse, hospital and the three elementary schools.

July 1, 2004

Finland may be a small country overshadowed by its dominant neighbour Russia, but has a tenacious family business sector powering a stable economy. Krista Elo-Pärsinnen reports

Finland may be a small country overshadowed by its dominant neighbour Russia, but has a tenacious family business sector powering a stable economy.

Finland's family businesses embody 'accountable ownership' with a face – they are arguably the backbone of the economy as well as the engine powering it. Their broad goal is not unlike family business owners the world over: to pass down an enterprise in a better condition than when they themselves took over.

June 1, 2003

There is no single governance system. The key to effective governance depends on the adaptability of the roles of the owner, board and senior management, and its alignment with the stategic environment of the business

John L Ward is the Co-Director of the Center for Family Enterprises at Kellogg Graduate School of Management (USA) and the Wild Group Professor of Family Business at IMD (Switzerland). He serves on the boards of four family companies in Europe and the USA.

There is no single governance system. The key to effective governance depends on the adaptability of the roles of the owner, board and senior management, and its alignment with the stategic environment of the business

June 1, 2003

More than half the largest companies in Germany are family-owned. Economic incentives are essential to prevent these businesses from seeking a more favourable economic climate elsewhere

Sabine Klein  is researching and teaching in the family business field at Trier University, Germany, and the INSEAD business school, Fontainebleu, France. She is an Associate with the FBCG, The Family Business Consulting Group, Marietta, Georgia, USA, and a founding board member of IFERA – International Family Enterprise Research Academy, Barcelona, Spain.

More than half the largest companies in Germany are family-owned. Economic incentives are essential to prevent these businesses from seeking a more favourable economic climate elsewhere

April 1, 2003

In the late 1950s Harold Reynolds, as sole owner, founded a gravel and crushed stone business, County Gravel, Inc (“County”) that thrived during a highway construction boom.

In the late 1950s Harold Reynolds, as sole owner, founded a gravel and crushed stone business, County Gravel, Inc ("County") that thrived during a highway construction boom. Harold and his wife Gladys equally, as the Reynolds Limited Partnership ("the Partnership"), own the real estate where County conducts its active business. Gladys and Harold have three children: Bill (48), Cathy (44) and Ricky (42).

April 1, 2002

The first article of a fourpart series examines why selling the family business can be a good thing. Some families, known as ‘serial business families’, achieve a positive outcome from the sale by reinventing themselves and starting a new business together

The first article of a fourpart series examines why selling the family business can be a good thing. Some families, known as 'serial business families', achieve a positive outcome from the sale by reinventing themselves and starting a new business together

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