Introduction Interactive charts provide users with the ability to explore data according to their own preferences, allowing them to focus on specific time periods, compare multiple datasets, and uncover valuable insights that might be …
Introduction The business card, a stalwart of professional networking, has been around for centuries, evolving from elaborate calling cards in the 17th century to the sleek and informative cards we exchange today. In a …
In the vast realm of business, family enterprises offer a unique intersection of professional acumen and personal relationships, both of which are deeply anchored in cultural values. While the succession of leadership in these …
In my previous articles, I highlighted the critical role of financial reporting and analysis in wealth management and introduced the various types of KPIs found in financial reports. Welcome to my comprehensive guide on …
In my previous article, I highlighted the critical role of financial reports in assessing business performance and health. However, to extract meaningful insights from these reports, it is crucial to concentrate on key performance …
Introduction Family business transitions, especially when siblings require financial compensation, represent one of the most intricate aspects of wealth management. These transitions demand careful consideration of multiple factors, each with its unique challenges and …
Introduction In the dynamic world of finance, the ability to navigate through vast amounts of financial information is a crucial skill for high-net-worth individuals and their families. To achieve sustainable growth, it is essential …
Introduction Family businesses are unique and dynamic entities that bring their own set of challenges and opportunities. One of the most important challenges that family businesses face is the need to create a shared …
The Three Types of Family Advisors Academic literature has distinguished three types of advisors in the family business context: the formal advisor, the informal advisor, and the (family business) board member. Advisors differ from …
Practitioners in the field often see the “three generations”-rule play out. The rule, also known as the “30-13-3” statistic, states that the first generation builds the business, the second generation looks after it, and …