Prager Metis CPAs’ Post

Look who I found at the EPI Confernce Had the privilege of meeting Tom Deans, author of "Every Family's Business," at the EPI conference this week! His insights on succession planning and the dynamics of family-owned businesses are truly enlightening. Deans emphasizes the critical role of clear communication and boundary-setting to ensure the longevity and success of these enterprises. A powerful reminder of the importance of planning for the future and a Must Read! #EPIConference #FamilyBusiness #SuccessionPlanning #TomDeans

UPCOMING EVENT! The stakes are high when it comes to succession planning for a business. And so we are excited to announce a special session tailored for Advocis members focusing on Succession Planning! Hosted by industry-leading experts with decades of experience, this event covers all important and relevant aspects of a business transition. During this session, we’ll cover key topics such as: Selling Your Business Acquiring a Business Merging a Business Receiving a Valuation This event is free for Advocis members! Link to register: https://shorturl.at/diHMQ . . . . #successionplanning #successionlaw #successionlawcanada #financialplannerscanada #financialadvisorscanada

Is your business family equipped with the right 'internal' policies? In the third installment of our Conflict Webinar series, Josh Baron delves into the pivotal role of governance within your family business. He defines the art of striking a balance between the two extremes of governance, from the improvised approach of "making it up as we go" to the stifling "excessive rules." Once you've established decision-making forums across the "four rooms," as discussed in part 2 of this series, it's time to implement policies and address potential "hot spots," particularly in areas such as: 💰 Finances 📃 Roles 🏠 Shared Properties Stay tuned for part 4, the final chapter of this series, where Baron will share his concluding insights on steering clear of family feuds and conflicts. Thrive for Generations. fambus.org #PFBA #familybusiness #familyowned #familyenterprise #PFBAmembership #familybusinessgrowth #familydynamics #familycohesion

How to Navigate Challenging Family Dynamics in Succession In this video, we explore the importance of addressing family dynamics and governance in business succession. Learn strategies to handle communication challenges and avoid potential conflicts that can impact the future of your enterprise. Watch the full interview with The Presidio Group here: https://lnkd.in/e4PfERWQ #SuccessionPlanning #FamilyGovernance #BusinessCommunication #ConflictResolution #StrategicSuccession #BusinessContinuity #FamilyBusinessTips #EffectiveCommunication #SuccessionStrategy #BusinessFamilyHarmony

Crafting Continuity for Your Business 🤝 Passing the torch of your family business doesn't have to be a complex puzzle. With strategic planning, ensure a smooth succession that secures your legacy and empowers the next generation. 🔐💼 At Fleischhacker Private Family Wealth, we're committed to guiding you through a seamless transition, safeguarding the future you've built. #BusinessSuccession #LegacyPlanning #FamilyBusiness #FleischhackerWealth

STEP's publication 'Modern Families: A Private Client Perspective' features an article on succession planning considerations for the 21st century by Oliver Little and Lydia Kember from Charles Russell Speechlys. Read more by downloading the publication sponsored by TMF Group: https://lnkd.in/eBYvrXmQ #STEPProfile #ModernFamilies

STEP's publication 'Modern Families: A Private Client Perspective' features an article on succession planning considerations for the 21st century by Oliver Little and Lydia Kember from Charles Russell Speechlys. Read more by downloading the publication sponsored by TMF Group: https://lnkd.in/eBYvrXmQ #STEPProfile #ModernFamilies

Modern Family — Not the American TV series but present-day family dynamics. Navigating this complex landscape requires a bespoke approach, especially when conflict now presents itself in new shapes and forms ⬇️ #bep #estateplanning

When a business owner is considering selling their business, pulling off a successful exit often comes down to orchestrating a timeline that is both thorough and urgent. With Caber Hill Advisors, owners have a highly experienced and qualified team working with them throughout the entire deal process, driving toward the outcome they're seeking. Watch Caber Hill Advisors CEO & Founder Craig Castelli walk through several example timelines for deals he's advised in the past. If you're interested in learning what an exit timeline might look like for your business, reach out to the team today: https://lnkd.in/gdb9FxnE #MiddleMarket #Advisors

As I've navigated my business and worked with PE-backed firms, I've found Arthur Petropoulos' advice to be invaluable. This post highlights his 12 key lessons learned--these in particular resonated with me: 1. "Pain is often the flavor of progress" 2. Discomfort can mean an ability is being built Where were these lessons in B-School!!?! I highly recommend you follow him--his posts are a masterclass in content and polished delivery. #business #entreprenuer #growingyourbusiness #executivesearch