Believe it or not, you have an estate. In fact, nearly everyone does. Your estate is comprised of everything you own— your car, home, other real estate, mpesa account and savings accounts…
In the lifecycle of a family business, the family undergoes three major events: birth, marriage, and death. While each event occurs at vastly differing points in the timeline, they all have profound implications that can drastically alter the trajectory of the firm.
The Woods brothers, second-generation heirs to an empire of food distribution nationwide, were facing their first crisis related to the transfer of their shared patrimony to the next and third generation.
How and when are you best prepared to run your family’s business? For Eric Babolat, this question came unexpectedly and tragically early.
July 8th 2015
Family 1: Ben and his wife, Lisa, bought their orthotics business from B.
After a few months, Lisa began to realize that Ben was great with the manufacturing process, but he frequently avoided the paperwork necessary to process orders.
Nearly 75 years ago a charismatic Brazilian entrepreneur named Enrique Rosset started an eponymous textile and apparel manufacturing company in São Paulo.
Some 40 years later he and his oldest son decided to diversify by acquiring Valisere, an upscale but failing lingerie business.
May 01, 2015
The Cassim family owns and operates Fashion House based in Johannesburg, South Africa. This family business is celebrating 75 years of supplying textile wholesale to resellers, along with ready made curtains and blankets.