Family business financial advice
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It can be dangerous to ask executive assistants or your CFO to manage your personal finances. RSM's Ben Berger shows why a separate office helps both business and family manage money responsibly. All Read More...
Category: Interviews
Author: Kimberly Eddleston
Families can get emotionally attached to laggards in their portfolios and avoid taking tough but necessary action, putting the entire enterprise in peril. When a family business portfolio includes Read More...
Category: Research Insight
Authors: Marina Palm , Vanessa Diaz Moriana and Nadine Kammerlander
The decision to disclose strategy information is critical, as it reveals managerial actions, providing financial stakeholders with the information required to assess the firm’s competitive Read More...
Category: Research Insight
Authors: Rafaela Gjergji , Luigi Vena , Giovanna Campopiano , Salvatore Sciascia and Alessandro Cortesi
When a family firm reaches a certain size, the family may decide to transfer their wealth and their ownership into a family office. These offices help business families manage their wealth across Read More...
Category: Research Insight
Authors: Joern Block , Reza Fathollahi and Onur Eroglu
Part 2 of a two-part series As we showed in part 1 of this discussion , trying to use budgets as both a planning tool and an expectations setting tool can be destructive, because the self-interests Read More...
Category: Practice Insight
Author: Joseph Astrachan
Part 1 of a two-part series Are you familiar with any of the following scenarios? “My business unit leaders never set realistic budgets, I have to push them and prod them to get growth—did I hire Read More...
Category: Practice Insight
Author: Joseph Astrachan