Articles and opinion
First published in The Wealthnet on 15 August 2019.
“There are very few men - and they are the exceptions - who are able to think and feel beyond the present moment,” Carl Von Clausewitz (1780-1831).
In her article for The Wealthnet, Rosayln Breedy shares a few of her observations on the need for good governance and succession planning.
She explains that although no-one can prevent tragic events, such as death or dementia, preparation is key to reduce the impact on the family and the business.
With forward thinking, good governance, succession and contingency planning, she suggests that a board can do a great deal to mitigate the financial loss caused for family, employees and other family business stakeholders.
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