Family Business Blog

  • Family Business Planning Strategies

    Posted By Erin Binks in: Family Business Advice, Family Business Communication, Family Business Profile

    December 6, 2016

    by Milan Topolovec – Inner Orbis 67% are at Risk of Succession Failure If you are an owner in a family enterprise, the chances of your business transitioning successfully to the next generations is not very good.  This has not changed over the years. Statistics show a failure rate of: 67% of businesses fail to […]

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  • You Are Not Alone!

    Posted By Erin Binks in: Family Business Advice, Family Business Communication, Uncategorized

    October 6, 2016

    “I’m sure you’ve never seen this before” or “Is this normal? No one else can be going through this as well – can they?” These are sentiments I hear far too often from my family business clients. Family businesses often think they are different and that no one else can be going through the same […]

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  • The fundamental challenge most companies face with their employees

    Posted By Erin Binks in: Family Business Advice, Family Business Communication, Uncategorized

    June 2, 2016

    by James Baker, Keynote Group – Employment Lifecycle Specialists   Over the last few weeks, like many people, taxes have been filed, business year-ends closed off and lots of money heading to our lovely friends over at CRA. With that closure, I took time to reflect on what I have learned in the last 6-7 […]

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  • Splitting Heirs: How to Manage Sibling Rivalry in your Family Business

    Posted By Erin Binks in: Family Business Advice, Family Business Communication

    April 1, 2016

    By Kristine van der Pas-Norenius Business success and family harmony can seem difficult to achieve, especially when the next generation family members are vying for control.   Here are some excellent tips for managing family conflict from an expert family enterprise advisor and a very successful family in business.               […]

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  • One thing… “Remember to have fun.” Family Business Advice from Mitch Bouchard, General Bearing Service Inc.

    Posted By Erin Binks in: Family Business Advice, Family Business Communication

    December 7, 2015

    “Remember to have fun.” By Kristine van der Pas-Norenius Get the straight goods from CAFE family business members as they answer “one thing” questions about developing a successful family business and family. Who: Mitch Bouchard, Secretary/Treasurer General Bearing Service Inc. Mitch, a mechanical engineer, is a third generation leader of the family business alongside his […]

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  • One thing… “Your role is transient.” Family Business Advice from Julie Tubman, Tubman Funeral Homes

    Posted By Erin Binks in: Family Business Advice, Family Business Communication

    November 3, 2015

    “Your role is transient.” By Kristine van der Pas-Norenius Who:  Julie Tubman, President/CEO Tubman Funeral Homes Julie is the third generation owner of Tubman Funeral Homes and was in the process of purchasing the business from her father, in her late 20’s, when he passed away.  Her business acumen, and community involvement have been recognized […]

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  • One Thing…Family Business Advice from Matthew Carr of Carr Insurance

    Posted By Erin Binks in: Family Business Advice, Family Business Communication

    August 12, 2015

    “Lay Out the Path to Partnership” Who:  Matthew Carr, President and COO, Carr & Company Insurance Brokers Ltd, Ottawa Matt is the third generation leader of this established insurance firm in Ottawa and works with his mother and younger brother.  Matt took over the operations of the company upon the untimely death of his father. […]

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  • One Thing…Family Business Advice from Sonia Fisher of E.R. Fisher

    Posted By Erin Binks in: Family Business Advice

    June 8, 2015

      “Keep Your Shared Values Top of Mind” Who:  Sonia Fisher, President, E.R. Fisher Menswear, Ottawa Sonia is the fourth generation owner of E.R. Fisher, a quality menswear company which was founded by her great grandfather in 1905.  Sonia purchased majority ownership of the business from her uncle in 2009 and works with her father, […]

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  • One Thing – family business advice from Kim Lackey of Morley Hoppner

    Posted By Erin Binks in: Family Business Advice

    May 11, 2015

    “Pull that Muddle Apart” Who:  Kim Lackey, Director, Morley Hoppner Ltd. Ottawa, Canada and 2015 FEYA award winner Q:  What one thing in your mind is critical for the success of a family business? A:  “Pull that muddle apart and separate the business as much as possible from family.” That “muddle” Kim refers to is […]

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