"We need a family constitution!" (or charter, or protocol...)
This is sometimes the way families approach advisors. In some ways the request is: "Can you please help us find the magic formula (or "Tables of the Law") that will make us able to own this business together, in our new ownership / family geometry, without conflicts?"
And yes, probably, in a few months or years, this family may ratify its constitution. And this constitution may prove very useful. But if they… Continue
Posted on November 24, 2009 at 3:00pm