Family business | Family Legacies

OUR ARTICLES

COVER A RANGE OF PERTINENT TOPICS RELEVANT TO FAMILY-OWNED BUSINESSES.

The purpose of the blog is to enhance family businessmen and women how to keep their dream alive and realize it through good planning.

THE INSIGHTS WILL HELP FAMILY BUSINESS OWNERS:

Maintain growing, healthy and profitable companies,
Shape future business directions,
Prepare new family leadership,
Ensure the support of family members who do not work for the company but who significantly influence its fate, and
Guide future generations via thoughtful philosophies.

TOPICAL ARTICLES

JOURNAL ARTICLES

THE FINANCIAL IMPLICATIONS OF A FAMILY AGRIBUSINESS TRANSITION

Trevor Dickinson

Jun 15, 2022
4 min

THE FINANCIAL IMPLICATIONS OF A FAMILY AGRIBUSINESS TRANSITION

Transition Planning and handing a family agribusiness over to the next generation involves financial as well as personal decisions.

38 views

EDUCATION IS THE KEY TO SUCCESSION PREPAREDNESS

Trevor Dickinson

May 30, 2022
4 min

EDUCATION IS THE KEY TO SUCCESSION PREPAREDNESS

Readiness is imperative, and the key to readiness is education. Education is important because it adds perspective and validation.

24 views

Trevor Dickinson

May 30, 2022
4 min

BREAK DOWN THE WALL OF SILENCE

Communication is the key to success in maintaining a successful family agribusiness.

37 views

CAN A NON-FAMILY SUCCESSOR ADD VALUE TO YOUR BUSINESS?

Trevor Dickinson

May 30, 2022
6 min

CAN A NON-FAMILY SUCCESSOR ADD VALUE TO YOUR BUSINESS?

Companies frequently count on non-family CEOs to provide expertise, contacts, or other assets that current family leaders lack.

9 views

Trevor Dickinson

May 23, 2022
6 min

LEGACY: THE IMPORTANCE OF FAMILY UNITY

How do you build family unity and cohesion when both the family and the business wrestle with a fast-paced and changing environment?

26 views

Trevor Dickinson

Mar 29, 2022
4 min

WHY FAMILY BUSINESSES OUTPERFORM OTHERS

Numerous studies in the last few years indicate that family enterprises are, overall, more successful than their non-family counterparts.

32 views

Trevor Dickinson

Mar 25, 2022
23 min

CONFLICTS THAT PLAGUE FAMILY BUSINESSES

Examining some of the more difficult underlying psychological elements in operating family businesses & suggestions for ways of coping

40 views

Trevor Dickinson

Mar 15, 2022
5 min

LEAVING A FAMILY LEGACY

Legacy is a fundamental part of life – it gives life meaning. Legacy is much bigger than an estate plan that passes down tangible assets.

60 views

Trevor Dickinson

Dec 8, 2021
6 min

BALANCING NEED WITH ABILITY TO PAY

Access to a stable capital base is essential for the long-term success of most enterprises.

18 views

ADDRESSING THE FUNDAMENTAL DILEMMA OF FAMILY BUSINESS

Trevor Dickinson

Sep 7, 2021
5 min

ADDRESSING THE FUNDAMENTAL DILEMMA OF FAMILY BUSINESS

The dilemma of family business is what the family needs in order to be healthy often conflicts with what the business needs to thrive.

69 views

FAMILY MEETINGS – LEARNING TO PLAN PRODUCTIVELY TOGETHER

Trevor Dickinson

Sep 7, 2021
5 min

FAMILY MEETINGS – LEARNING TO PLAN PRODUCTIVELY TOGETHER

Providing a setting for the family to address disagreements helps eliminate resentment by giving everyone a voice.

54 views

Trevor Dickinson

Jul 28, 2021
5 min

MEDIATION AND THE FAMILY BUSINESS

Mediation can play an important role, privately and confidentially in preventing a conflict from developing into a serious ongoing dispute.

43 views

Trevor Dickinson

Jul 7, 2021
5 min

WHAT IS FAMILY BUSINESS GOVERNANCE?

Strong family business governance is a common and critical characteristic among family businesses that thrive for multiple generations.

109 views

Trevor Dickinson

Jun 21, 2021
7 min

WHEN THE FAMILY BUSINESS IS A SICKNESS

When serious problems arise, the family business is treated, for all practical purposes, as a patient.

40 views

SUSTAINING AND RENEWING SHARED PURPOSE AND VALUES

Trevor Dickinson

Jun 21, 2021
5 min

SUSTAINING AND RENEWING SHARED PURPOSE AND VALUES

Generative families discover that having family wealth is only the beginning of a long and complex journey.

48 views

Trevor Dickinson

Jun 17, 2021
2 min

BDO TALKING TRUSTS SERIES 2021

Trevor Dickinson, is honoured to have been invited to present at the BDO Wealth Advisor's Talking Trusts Series.

49 views

INABILITY TO SUCCESSFULLY PASS ON FAMILY BUSINESS VIEWED AS A FAILURE

Trevor Dickinson

May 18, 2021
3 min

INABILITY TO SUCCESSFULLY PASS ON FAMILY BUSINESS VIEWED AS A FAILURE

Family business owners historically viewed the inability to successfully pass ownership from generation to generation as a failure of sorts.

66 views

Trevor Dickinson

Apr 28, 2021
10 min

ESTATE PLANNING TO MINIMIZE STRIFE

When business-owning parents leave their children equal shares, a battle can erupt between those who work at the company and those who don’t

51 views

NOT SO FORTUNATE – TRYING TO SELL HIS BUSINESS

Trevor Dickinson

Apr 28, 2021
3 min

NOT SO FORTUNATE – TRYING TO SELL HIS BUSINESS

The key to developing and executing successful exit plans for private business owners.

34 views

STRATEGIC PLANNING FOR FAMILIES IN BUSINESS

Trevor Dickinson

Apr 28, 2021
5 min

STRATEGIC PLANNING FOR FAMILIES IN BUSINESS

The family business is a complex system that only a multi-faceted method of planning will be able to help it move ahead.

69 views

Trevor Dickinson

Oct 4, 2022
8 min

HOW TO IMPROVE FATHER-SON RELATIONSHIPS

The conflict between fathers and sons relates to traditional male roles.

FACING REALITY CAN PREVENT A NIGHTMARE SCENARIO

Trevor Dickinson

Oct 4, 2022
5 min

FACING REALITY CAN PREVENT A NIGHTMARE SCENARIO

Neglect succession planning for your family farm, and you could leave your loved ones with a financial and emotional disaster.

DIVERSIFY YOUR FAMILY BUSINESS TO INSULATE IT FROM RISKS

Trevor Dickinson

Oct 4, 2022
7 min

DIVERSIFY YOUR FAMILY BUSINESS TO INSULATE IT FROM RISKS

Your family business leadership must have a clear, compelling, and objective framework to ensure that good long-term decisions are made

Trevor Dickinson

Jun 15, 2022
4 min

THE FINANCIAL IMPLICATIONS OF A FAMILY AGRIBUSINESS TRANSITION

Transition Planning and handing a family agribusiness over to the next generation involves financial as well as personal decisions.

Trevor Dickinson

May 30, 2022
4 min

EDUCATION IS THE KEY TO SUCCESSION PREPAREDNESS

Readiness is imperative, and the key to readiness is education. Education is important because it adds perspective and validation.

Trevor Dickinson

May 30, 2022
4 min

BREAK DOWN THE WALL OF SILENCE

Communication is the key to success in maintaining a successful family agribusiness.

Trevor Dickinson

May 23, 2022
6 min

LEGACY: THE IMPORTANCE OF FAMILY UNITY

How do you build family unity and cohesion when both the family and the business wrestle with a fast-paced and changing environment?

Trevor Dickinson

Mar 29, 2022
4 min

WHY FAMILY BUSINESSES OUTPERFORM OTHERS

Numerous studies in the last few years indicate that family enterprises are, overall, more successful than their non-family counterparts.

Trevor Dickinson

Mar 25, 2022
23 min

CONFLICTS THAT PLAGUE FAMILY BUSINESSES

Examining some of the more difficult underlying psychological elements in operating family businesses & suggestions for ways of coping

Trevor Dickinson

Mar 15, 2022
5 min

LEAVING A FAMILY LEGACY

Legacy is a fundamental part of life – it gives life meaning. Legacy is much bigger than an estate plan that passes down tangible assets.

ASSOCIATES

DU TOIT VAN DEN BERG

Financial Planning, Wealth

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