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Governance

It is never too late to start planning for succession. The financial/business options for providing what meets each family member’s needs are not as limited as they may at first appear

The family council can provide a forum where families can discuss strategic issues and formulate policies that are well-matched to their goals as shareholders

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.

Family owners, and all major shareholders in the family business, need to understand the strategic planning process of their business to sustain the long-term value of their company

The FBN’s Next Generation Worldwide Meeting proved once again to be a big success, attracting over 400 participants. This year, however, delegates included not only junior family members but also senior family members wishing to learn more about the challenges that will face their offspring

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