Description
Book SynopsisThis book establishes the principles and patterns necessary to laying the foundation for capital and liquidity planning. Through an in-depth examination of financial situations, it leads family businesses to making wise, well-timed choices about the future of the business and the family.
Trade Review'While each volume contains helpful 'solutions' to the issues it covers, it is the guidance on how to tackle the process of addressing the different issues and the emphasis on the benefits which can stem from the process itself which make the Family Business Leadership Series of unique value to everyone involved in a family business - not just the owners.' - David Grant, Director (retired), William Grant & Sons Ltd. (Distillers of fine Scotch)
'These books deserve a place in every business-owning family's library' - Léon Danco, Cleveland, OH
'I think the Family Business Leadership Series books are excellent. They are extremely concise and practical, and they have the information you need.' - Gigi Cohen, EVP, Magid Glove & Safety Mfg. Co., LLC, Chicago, IL
Table of ContentsBalancing Liquidity, Growth and Control Managing Patient Capital and Shareholder Liquidity Managing the Cost of Patient Capital The Role of Family Governance in Family Effect Keeping, Selling, or Expanding the Family Business Internal Financial Solutions: Meeting Shareholders' Immediate, Current, and Ongoing Liquidity Needs External Financial Solutions: Matching the Right Form of Capital to the Right Strategy Private Equity as a Growing Source of Capital Summary Index The Authors