Podcast 2 Managing family dynamics is possibly one of the most crucial, and overlooked, elements of the family business. In this episode, Kevin explains why it is beneficial in ensuring healthy family dynamics while also creating a balance between a personal and professional life. #KevinHowellAdvisory#MovingBusinessForward#TakeASeat#BusinessAdvisor#FamilyBusiness
Podcast 1 A family business is about people and getting the people to work towards a shared vision. Economies are built by family businesses, and that’s why it’s essential to make sure that they last through multiple generations. Family business organisations are complex, and they require a particular and specialised strategy, planning, and governance to… Continue reading Defining a family-owned business; why are they so complex?
Kevin discusses the complexities of a family business with Dawie Roodt. How does a healthy family business look like? What are some of the common issues and what to do about them?
You’re the founder of the business, but you’re also the father of two or more sons or daughters in the family business. You love them and want the best for them. You want to provide the life that you never had. As the sole shareholder, you have the right to pay them whatever you like,… Continue reading Paying Siblings Equally – A Sure Way to Ruin Your Family Business