Propelling business forward
When most family businesses in Canada think about securing financing, their first instinct is to approach a bank. However, in today’s rapidly evolving financial landscape, traditional bank loans are no longer the only—or necessarily the best—option. A wave of alternative financing models is emerging, offering family-owned enterprises more flexibility and creativity in how they fund […]
Join FBA and a pool of trusted advisors and family members as we talk about what every family owner, CEO and manager needs to know to sustain and grow their business. We thank Robert Patzelt, our FBA Advisor Chair, and Greg Dickie of Royer Thompson for coordinating this morning session that brings together some of […]
Inside Atlantic Canada’s Family Business Landscape Orginally posted on April 26, 2024 on mikepcyr.com In Atlantic Canada, family businesses are a big deal. They’re not just about making money; they’re part of what makes our communities tick. But what is it that makes them strong? What challenges do they face? Where do they find support? […]
Generation to Generations (G2G) The fourth in a series of articles on G2G for an exciting upcoming FBA event. Navigating the Future: The Next Generation’s Role in Family Businesses As the next generation steps into family-owned enterprises, they find themselves at an intersection where honouring tradition intersects present business realities and innovation. These future leaders […]
Generation to Generations (G2G) The third in a series of articles on G2G for an exciting upcoming FBA event. Mastering the Art of Succession Planning in Family-Owned Enterprises Succession planning is a pivotal phase in the lifecycle of any family-owned enterprise. This process, which determines the sustainability and success of the business across generations, is […]
Generation to Generations (G2G) The second in a series of articles on G2G for an exciting upcoming FBA event. Every family business is different: and so is the journey to a new generation. Behind every family business there is a unique story. Founders are remarkable because they actually started and built something. Then they have […]
Generation to Generations (G2G) A first in a series of articles on G2G for an exciting upcoming FBA event. Bridging the Generational Divide: A Dual Perspective on Sustaining Family Business Legacies In a 2023 study by KPMG 79% of family-owned businesses 79 per cent are accelerating succession plans for multiple reasons and 71% of present […]