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Webinar Replay – Enterprise Insights: Exit Strategies – Maximizing Value & Minimizing Risk for Business Owners
Watch the replay of this webinar with Catherine Brownlee and Shondell Sabad for an insightful presentation on maximizing value and minimizing risk for business owners. Topics: This webinar is for informational purposes only and does not constitute legal, tax, or financial advice. The opinions expressed during the webinar are those of the presenters and do not necessarily reflect […]
U.S. Citizens Resident in Canada – Capital Gains Tax Rate
January 6, 2025What should be a straightforward answer gets complicated by recent events in Canadian Parliament and a recent US Tax Court Case. Current Law A U.S. citizen resident in Canada is subject to both U.S. federal income tax and Canadian on their worldwide income. In 2023, Canadian tax law stated that the maximum capital gains tax […]
Developing Conflict Resolution Guidelines
Creating Formal Procedures for Family Businesses
December 11, 2024In family businesses, personal relationships often amplify conflicts, making formal conflict resolution guideline or policies essential. These guidelines separate personal from business issues, providing clear guidelines for managing disputes and preventing long-term damage. Given the unique dynamics of family enterprises, conflicts can easily become personal. A well-defined policy ensures disputes are handled constructively, preserving both […]
Communication Strategies for Family Businesses
Techniques to Improve Communication and Prevent Misunderstandings
December 5, 2024Effective communication is the cornerstone of any successful business, but in family enterprises, it plays an even more crucial role. The unique dynamics of family businesses—where personal relationships intertwine with business decisions—create an environment where miscommunication can quickly lead to misunderstandings, conflicts, and even business failure. Developing clear, timely, and effective communication strategies is essential […]