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leadership

Securing Your Business Legacy: The Essential Guide to Exit Planning

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As a business owner, you’ve poured your heart and soul into building your company. But have you given thought to what happens when it’s time to step away? Exit planning is a crucial step that many entrepreneurs overlook, often until it’s too late. Let’s dive into why exit planning matters and how you can start preparing for your business’s future today.

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closely-held businesses Connelly vs United States

Connelly v. United States: Closely Held Corporations and Unexpected Estate Taxes

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the recent decision in Connelly v. United States should encourage owners of closely held businesses to take pause and evaluate the unexpected federal estate tax consequences which Key Person Insurance could have for the deceased owner’s next-of-kin.

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Kelly Jasin and Bea Wolper

A Succession Planning Journey Complete – EWJ&J Announces Its Own Transition

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Partner and Co-President Kelly Jasin has been named as President of Emens, Wolper, Jacobs & Jasin. Founding Partner Bea Wolper moves to CEO in what many Conway Center members know is the succession planning journey. As Conway Center President and Succession Planning Peer Group facilitator for many years, Bea has spent many years teaching the owners of family businesses how to prepare for a successful transition and then, in turn, let go.

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How a Fractional Executive Can Take Your Business to the Next Level

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This is an intereting article in Entreprenuer.com by Katie Murphy, a new Conway Center member and founder of Expansion Group. Fractional executives might be a good solution for family businesses that do not have a clear succession plan…yet. If you have a complex strategic initiative with an end date like the one I oversaw, this

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Bea’s Blog: Exemplary Leadership in Family Business

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In a recent session of the Women in Family Business Peer Group at the Conway Center for Family Business, we discussed the following five key characteristics of a family business leader and the components of each: Commitment Immerse yourself in the business Understand the business Sacrifice personal pleasures when needed to benefit the business Show

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Inside Family Business

Inside the Family Business – Boundaries & Best Practices

Blog, Family Dynamic / By

Inside The Family Business: Boundaries and Best Practices Frank L. Festi, Jr. – Rea & Associates, a Conway Center Service Provider There are few things more gratifying to me than when I observe a successful family business already in its third (or later) generation of existence. It’s not a coincidence that these family-owned businesses are

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