Strategy & Planning

Episode 74: Scaling Up your Family Business with Jonathan Goldhill

Our guest today is Jonathan Goldhill. Following the sale of his family’s men’s apparel manufacturing company started by his great-grandfather, Jonathan formed his own consulting and coaching business. He helps business owners and leaders define and find their version of freedom by guiding owners through 1-on-1, peer group, group coaching and team coaching programs.

In this episode of Family Business Today, you will learn:

  • Seven things a family business owner must get right to grow their family business

  • What is vivid vision and how is it related to predictable income for a family business?

  • What role a coach or facilitator plays in family business succession or generational transition?

  • What makes succession planning controversial in a family business?

  • And more…

Jonathan is the author of Disruptive Successor: A Guide to Driving Growth in Your Family Business and host of the podcast: Disruptive Successor Show.

Copies of his book are available at www.disruptivesuccessor.com. To learn more about Jonathan Goldhill visit his website at www.the goldhillgroup.com.

 At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.

If you are considering a transition in your family business contact us today for a FREE  Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)

Until next time, There’s No Business Like a Family Business…. We Know!

Episode 60: Buy-Sell Agreements, The Last Will & Testament for Your Business with Paul Hood

Our guest today is Paul Hood with Paul Hood Services located in Sylvania, Ohio. Paul is an author, a speaker, and an advisor to family owned businesses.

Paul obtained his undergraduate and law degrees from Louisiana State University and a Master’s degree in taxation from Georgetown University Law Center. Paul has taught at the University of New Orleans, Northeastern University, The University of Toledo College of Law and Ohio Northern University Pettit College of Law.

Paul is a highly sought-after speaker and consultant due to his innate ability to see through complexities and explain difficult and even boring subjects in understandable and entertaining language. He minces no words in doing so.

Paul has authored or co-authored nine books and over 500 professional articles on estate and tax planning and business valuation. Paul is the author of Buy-Sell Agreements, The Last Will & Testament for your Business as well Yours, Mine, & Ours, Estate Planning for People in Blended or Stepfamilies.

Both books can be purchased on Amazon Books or at his website paulhoodservices.com

In this episode of Family Business Today, Paul will:

  • Expand on this importance of Buy-Sell Agreements

  • Encourage family businesses to have a facilitator at business meetings

  • Touch on how blended families can prepare for estate planning

  • Share why kids (of all ages) should be involved in business meetings

  • And more…

You can find out more about Paul Hood here. To learn more about his books, click here.

At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.

Would you like the opportunity to be in a small group community of like-minded family business owners/leaders and get access to years of experience and wisdom from other family business executives just like you?

If you answered yes, I would like to invite you to consider joining a family business mastermind group. To learn more visit our website at www.thefamilybusinessmastermind.com.

Until next time, There’s No Business Like Family Business…..We Know!

Episode 51: Optimizing Your Family Business Exit with Marvin Storm

In this episode of Family Business Today, Marvin will share:

  • That every business exit is different, as family business entrepreneurs don’t voluntarily exit their businesses often

  • That for family businesses the hardest decision to make is when to step away

  • How having an exit timeline already in place while you run your family business can help you optimize your returns

  • How having a general timeframe changes the daily decisions you make in your family business

  • That the best time to start thinking about the future is now

  • And more…

Episode 41: Ownership and Optimism: The Competitive Advantage of Family Businesses with Dr. Josh Baron of BanyanGlobal

Dr. Josh Baron is a co-founder and Partner at BanyanGlobal. For over a decade, he has worked closely with families who own assets together, such as operating companies, family foundations, and family offices. He helps these families to define their purpose as owners and…

Episode 38: What Family Business Owners can do to Survive and Thrive During these Chaotic Times with Barbara Roberts

Your host, Greg Lewis, talks to Barbara Roberts. Barbara is a speaker and writer on all stages of entrepreneurship from start-up through growth, exiting and reinvention, Barbara’s work builds on her personal experience as a Wall Street executive, serial entrepreneur and Entrepreneur in Residence at Columbia University Business School and Hofstra University.