Business owners should know which of their heirs would want to take over the business. “Your plans should consider every scenario, for example if you have three children and only one or two would like to take over the business, how will you still provide for equitable distribution for the next generation,”

There Are Lots of Ways to Get Started Over the years since I had my calling to do this work with families, I’ve sought out and even created peer groups where colleagues come together to discuss particular cases they’re involved with professionally. The way that one family handles the work of transitioning their business or […]

Sometimes Less Really Is More This week we’re looking at a topic that’s actually pretty common with family enterprises, but that most people don’t like to discuss. We’ll get into some tricky areas where family members all work together, and even though that can be great when it works well, when it causes problems, those […]

Carl-Clemens Veltins sues his sisters for a share of their family’s German brewing dynastyCarl-Clemens Veltins, the son of a German brewing dynasty, is suing his sisters Susanne and Frauke after claiming their mother “tricked him into signing away his inheritance the morning after his ‘boozy’ 18th...

So Many Families Think They’re Alone Recently I realized that there’s something I do a lot of, which is telling families (and individual family members) that what they’re experiencing is not unique to them. The best word to describe this is “normalizing”, and it’s really growing on me.  Despite the fact that the word is […]

Irrational Fear Gets in the Way of Progress More often than not, families try to avoid conflict at all cost. For reasons that most of us can easily relate to, it makes sense to try to keep the peace with our relatives. Unfortunately, especially in cases where we either work with family members or own […]

Many Families Include Someone Who Blocks the View This week happens to involve a confluence of events that are pretty rare, and we’re going to see how I can turn this all into something useful and entertaining. As I write this, I’m on vacation, which isn’t common, and I’ve managed to leave 98% of my […]

Explore how the steady growth and potential of family businesses across the globe are predicted to significantly contribute to the global economy.

Video: We convened a panel of women to talk about their lived experience taking the reins of their family business. This is Part 3

Wealth builders often neglect to share experiences with their families, tales that could bring them together and help build a legacy

Born and raised in Copenhagen, Gil Schwarz has always had a nose for the finer things in life. Today, considered one of the premiere power brokers, dealers and collectors in the wine and whisky business, he founded The Wine Institute of Las Vegas in early 1999 to serve as the foremost wine...

Video: We convened a panel of women to talk about their lived experience taking the reins of their family business. This is Part 1

Tributes paid to British banking legend Lord Jacob RothschildLord Jacob Rothschild, the British peer, investment banker and member of the famed Rothschild banking family, has died at the age of 87. “Our father Jacob was a towering presence in many peoples’ lives — a superbly accomplished...

Saadé family makes ‘exceptional’ donation to the Louvre museumThe Saadé family, the French billionaires behind the container shipping firm CMA CGM, have made a major donation to the Louvre museum.As reported by Bloomberg, “The ‘pivotal’ backing will allow the country’s biggest art repository to...

Mukesh Ambani alone owns 75 lakh or 0.12% of shares. A look at stakes of other Ambani family members.

L’Occitane’s owner Reinold Geiger aims to take the company privateReinold Geiger, the Austrian billionaire and chairman / chief executive officer of French cosmetics retailer L’Occitane International is reportedly making a renewed push to take the global cosmetics firm private.The controlling...

Nassef Sawiris considers breaking up his business empire Egyptian communications and gold billionaire Naguib Sawiris is reportedly considering an overhaul of his chemicals and fertiliser conglomerate “that could include additional divestitures and the fragmentation of his primary holding”,...

Julian Dunkerton in talks to take Superdry private British businessman and Superdry co-founder Julian Dunkerton is reportedly in talks with global institutional alternative investment management firm Davidson Kempner to take the fashion retailer private.According to Sky News, “the talks are at a...

What is succession planning and why is it important for small businesses? Read some advice for planning ahead on TD Stories.

Success and family harmony come by looking not ‘on the table’ but beneath it, to address deeper issues and avoid conflict

Business families facing the challenges of global, market, technology and climate change also grapple with family dynamics and succession. Experts offer advice

The leader of South Korea’s largest family-run conglomerate has been embroiled in a legal battle for almost a decade.

A good coach can keep you from getting too high on yourself when things are going well, while also boosting you up as needed when things aren’t going as planned.

Co-founder of Calgary-based Minhas Breweries, Distillery and Wineries and a VC on reality show Dragons’ Den discusses business and investing