Welcome to the Family Ties^© e-letter brought to you by Pervin Family Business Advisors Inc. The Family Ties^© publication was suspended during 2006 and now the e-letter is back.

In this February 2007 issue, I continue to look at various aspects of business family life. Allow me to offer the models that help me in my work as well as a number of booklets for your review. Please download [it’s still free!] what you find beneficial from the web site. As well, I thought two articles from 2006 would be enough additional information.

In upcoming issues, the business family topics will address beneficial aspects of governance, leadership, organization, planning and relationships, to offer a few ideas. If you have a question, a great idea for inclusion in this e-letter, or if you just have some comments you would like to share with us, we want to hear from you!

Wise and pragmatic habits of successful business families...

Habit #7.
Clarify roles, role assignments, relationships, accountability, expectations, family participation and continuity and transition plans.

For your reading pleasure...

BUSINESS FAMILY ORGANIZATION
These are a few of the models I use in my consulting practice. – Read More

MANAGING THE RELATIONSHIPS THAT BIND OR BOND
This booklet looks at ways to better manage relationships in an accidental partnership. That is, how do you do things differently? Here is the key: The sooner you recognize the accidental partnership for what it is, the sooner you can begin to create a partnership that works. – Read More

HIGH PERFORMANCE BUSINESS FAMILY TEAMS
This is a compendium of material on family teams. – Read More

POWER AND RESOURCES: MANAGING OWNER RISK, LEGACY AND VALUE
When you strip everything else away, some core long-term decisions in a family-owned business, especially at the second generation and beyond stage, are those relating to power, resources and risk. Estate and succession planning involve some of the most technically complex and complicated questions that the owner of a family-owned business, and his or her family, is likely to confront. There are rarely simple solutions. – Read More

From the "Best of 2006" File...

A FAMILY AFFAIR
The family that works together can stay together, with the right planning.

TAKING THE PULSE OF FAMILY BUSINESS
From behemoths such as Ford to mom-and-pop shops, they share a set of common challenges in today's business climate.

Did you know...

Our web site is chock full of interesting and compelling articles for the family business. You can send our articles to a friend, family member or colleague, quickly and easily.

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