The newest challenge to present itself, and the hot topic for discussion at the moment, are trade tariffs enacted by the current administration. As tariffs pertain to CRE, the most immediate impact is escalating construction costs and the potential for new supply chain disruptions contributing to overall uncertainty in the near-term.
Revenues, profits, a strong balance sheet: measuring success is important to all businesses. But, are there other important measurements in a family-owned business? Find out what the key metrics are for successful, generational family businesses.
Business owners anticipate changes in the future with things like strategic planning, life insurance policies, estate and trust documents, and more. However, what happens when all of this is circumvented by life changing events with family members and key employees?
The First Bank Center for Family-Owned Businesses held a webinar on December 14, 2021, discussing the challenges that next generation business leaders face.
The First Bank Center for Family-Owned Businesses held a webinar on November 9, 2021 discussing the topic of succession planning.
The First Bank Center for Family-Owned Businesses held a webinar on August 10th, 2021 covering strategic planning as a foundation for family business succession.
The First Bank Center For Family-Owned Businesses held a webinar on navigating the hidden dangers in a family business.