Individualizing Education Planning and Training

Individualizing Education Planning and Training

Much of our work at Family and Business Success (FABS) empowers our clients by providing new information and processes that support their existing systems. From a very young age, I told anyone who listened that I wanted to grow up to be a teacher or a lawyer; well, I did both. Education is the business of...

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The Second of The Five Ds: Disability

The Second of The Five Ds: Disability

We covered the first D-Death in our last blog. The following four articles will address disability, disaster, divorce and disagreement and their effects on a businesses. This article addresses the risks of both the family and the business with the owner who suffers from a short term or long term Disability. A Certified Exit Planning Advisor educates business owners on how to prepare the unknown and real possibility of the disabled business owner.

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Why Use the Team Approach When Doing Succession Planning?

Why Use the Team Approach When Doing Succession Planning?

Creating a good succession plan is a large project. The most common reason the plan is never completed is because the business owner does not know where to start. She often does not know how to make the time to work on the business while working in the business so she never gets to the project. It is my experience the owner often starts to hyper ventilate at the thought trying to manage all of the people who have opinions on when, how and to whom the business should be transferred so she give up.

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The Five D’s: Death, Disability, Disaster, Divorce, Disagreement

The Five D’s: Death, Disability, Disaster, Divorce, Disagreement

No, this is not a bad report card. The Five D’s are threats a company may face that could force the sale of a company or greatly diminish the value of a company. A Certified Exit Planning Advisor educates business owners on how to prepare for these risks. Business owners may not be able to predict when or if any of these events will occur during their term of ownership in the business, but with proper planning, the business can be prepared to deal with these unfortunate five D’s. The following five articles will address these five life-changing events and their effects on your family business.

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WHERE YOU'VE HEARD AMY

Event for 20 Group

ARVC Outdoor Hospitality Conference and Expo
Raleigh
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Executive Women in Agriculture Convention
Chicago

Top Producer Seminar
Chicago

CARVC Conference and Expo
Myrtle Beach

Wisconsin Association of Campground Owners Convention & Trade Show

RECENT POSTS

An Interview with Amy Wirtz

Check out this interview between Nana Bonsu of Infinite Horizons, Inc. and Amy Wirtz were they discuss some of the tough questions surrounding family business succession. [video width="1920" height="1080"...

Individualizing Education Planning and Training

Much of our work at Family and Business Success (FABS) empowers our clients by providing new information and processes that support their existing systems. From a very young age, I told anyone who listened that I wanted to grow up to be a teacher or a lawyer; well, I...

Harvest and Communication

As Harvest fast approaches being over, I want to remind all my clients that now is the time for forgiveness and use of your systems. I know you are in throws of the busiest season of the year. It is likely that you have experienced difficult conversations and one or...

How Does Listening Well Impact Your Business And Personal Life?

How much of your daily business is conducted through emails and text messages? How many of your daily purchases involve a click of a mouse, rather than face to face communication? According to Dr. Albert Mehrabian, only 7% of our communication relies on the words...

Client Wins Large Park of the Year at OCHE

Our client, Cherry Hill Park, won large park of the year at the Outdoor Hospitality Conference & Expo. This family beats all of the family business stats for continuous family management. So proud the company is working with me. Great people and wonderful...

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