Ownership & Leadership Transition

Passing the Baton: Lessons Learned

On May 16, 2017, Davis Wright Tremaine LLP hosted 85 owners and managers of family-owned businesses at the latest edition of our Family Business Legacy Series.  Mike Garvey, the co-founder of Saltchuck Resources, a diversified transportation and distribution business with revenue of nearly $3 billion and 7,500 employees, and René ...

How Long Is Too Long for a CEO?

Posted by Andrew Steen

Can I Leave My Family Business to a Minor Child?

Posted by Keith Baldwin & G. Matthew Loftin

Shirtsleeves to Shirtsleeves in 6 Generations

Posted by Margaret Vining

Success Requires Buy-In From The Incumbent Generation

Posted by Joseph Weinstein

Leadership Transition in Prominent Seattle Family Business

Posted by Joseph Weinstein

Governance & Business Operations

Family Business – The Key to Surviving Generations

Every article, paper, memo, or advisory about family business succession touches on some common themes. Plan early. Communicate well. Document the process. Gauge the true interest and ability of the next generation. A few weeks ago, the New York Times ran an article about succession in family businesses that indirectly hit ...

Five Good Reasons to Have Independent Board Members

Posted by Keith Baldwin

Simple Ways Advisors Can Help with Family Business Governance

Posted by Bill Weigand

Paying your children to work in the family business? How much pay is too much?

Posted by Keith Baldwin

Consider The Risks Before Electing S Status For Your LLC

Posted by Michael Gentile

Success in Succession: Using Strategic Planning to Address the “Missing Middle”

Posted by Ashley Brown

Estate Planning

Tribal Estate Planning: Nuance and Consequence

Simple estate planning is pretty straightforward. There is usually a Last Will and Testament, Power of Attorney, Health Care Directive, and Trust if necessary. But there is a niche practice within estate planning ripe with landmines waiting to detonate if one is not careful. This is estate planning for an ...

Be Careful with Living Trusts that Own S Corporation Stock

Posted by Doug Lloyd

Succession & Estate Planning Fundamentals for Business Owners

Posted by Davis Wright Tremaine

Plan to Communicate

Posted by Margaret Vining

Preserving Your Family Business (or Sale Proceeds) for Generations

Posted by Dana Reid

Effectively Utilize Your Combined Federal Gift and Estate Tax Exemption

Posted by Dana Reid

Growth & Exit Strategies

Mezzanine Financing for Family-Owned Businesses

On June 6, 2017, Davis Wright Tremaine LLP hosted the latest edition of our Family Business Study Group, where David Levine of Prudential Capital Group and Hugh Campbell of Cascadia Capital spoke about using  mezzanine financing to create liquidity in family-owned business. What is Mezzanine Financing? Mezzanine financing is used to facilitate ...

New Ideas for Old School Companies

Posted by Mark Johnson

Event Recap: The 12 Most Common Mistakes to Avoid in Selling Your Business

Posted by Ashley Brown

Lessons Learned in Selling the Family Business

Posted by Keith Baldwin

Selling Your Family Business: Is 2017 the Year?

Posted by Keith Baldwin

Top Ten Seller Mistakes

Posted by Keith Baldwin

Beyond Business

Newest Travel Ban: The Intersection of “Family” and “Business” Relationships

The U.S. Supreme Court temporarily approved the latest form of travel ban from the Trump administration with exemptions for certain legitimate business connections and certain family relationships. Family businesses with international ties to the six primarily-Muslim countries affected by the ban should plan ahead in order to minimize any adverse ...

Upcoming: Financing Succession in the Family Business

Posted by Davis Wright Tremaine

Event Recap: No Longer Just a Matter of Taste: Strategic Innovation in the Food Industry

Posted by Ashley Brown

Upcoming: Passing The Baton: Transitions In Family Business

Posted by Joseph Weinstein

Top Highlights from PwC Family Business Survey

Posted by Andrew Steen

The Best of 2016: Quotes on Family Business

Posted by Davis Wright Tremaine

Employment

Social media research reveals insights for retaining top talent.

Successful companies depend on finding and retaining talented employees. Attrition, on the other hand, is expensive. A constantly revolving door means more money and time spent training new employees, makes it hard to build effective teams and can undermine company morale. Family businesses may have a particularly difficult to path ...

Harder to Let Go?

Posted by Andrew Steen

The Cowles Company

Posted by Joseph Weinstein

Does “Hobby Lobby” Apply to My Family Business?

Posted by Andrew Steen

Simple Cafeteria Plans – Key to Keeping Key Employees

Posted by Christine Hawkins

Essential Employment Policies for Family Businesses, Part II

Posted by Mary Drobka & Paula Simon

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