The Hokey Pokey of Family Business
Being a leader can be the most challenging during times of transition. Perhaps the family business is in the middle of a succession plan, expanding into new markets or trying to open a new location. It could be that you’re… Read more→
Acknowledging Blind Spots: Are You Truly Prepared to Take Over the Business?
No matter how many times you’ve driven a car, you still have blind spots. As an experienced driver, you know to check for blind spots when changing lanes or pulling out of your driveway. Taking over your family business is… Read more→
(Someone’s) Gonna Party Like It’s 1999!
by Jonathan W. Michael, Partner, Burke, Warren, MacKay & Serritella The recent death of Prince was a shock to music lovers all over the world. He singlehandedly changed the music industry. Prince wrote, produced and performed numerous hits, including, perhaps… Read more→
Three Ways You’ll Benefit from Taking the TPA
85% of cases where businesses failed to transition were caused by controllable factors 90% of owners hope that their children will join them in the business 35% of family business owners have no plans to retire, ever Do you feel… Read more→
Crash Card Template: Planning for the Unknown
Provided by Chicago Family Business Council In the event of a health emergency or sudden death, family members often scramble to locate important information and documents. This process can be overwhelming, especially when emotions are running high. To prepare for… Read more→
Is the Family Business Right for Me? And Other Important Questions to Ask
Jonathan Michael of Burke, Warren, MacKay & Serritella sat down with next generation leaders of our community to address some important questions that you should be asking. You don’t know what you don’t know and the more you can find… Read more→
Burke Law Testimonial by Dave Westerman
Jeff listened as I told him the details of my story, and he asked questions until we were both comfortable and knew that he fully understood my situation. I was confident that Jeff would lay out a plan to bring… Read more→
Securing Your Business for the Next Generation
Succession planning is always a hot topic in the CFBC community – and for good reason. It is important to keep this vital part of business in discussion so it’s never overlooked. Life can change in the blink of an… Read more→
President’s Message – Learning From The Best
Succession planning. This week, we had a magnificent Family Business Day. We learned from five 100 year old companies that are still going strong. What a wonderful opportunity that was presented to us all! Thank you to our very effective… Read more→