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Bruce'sThe conversation most family business owners avoid.
Most family business founders put off succession decisions, with their teams and their families. We all believe in our immortality, until we don’t or we are terminated by events beyond our control. This article is not focused on business succession but rather on the thorny issues of family wealth and family business ownership succession. Firstly, […]
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The blue deck chair: Universal respect
In an unashamed take from Graham Norton, I intend to write a few stories called ‘the blue deck chair.’ You are free to pull the lever and flip my chair. So please send feedback, flip, or let me walk… While leaving the ferry one morning, having spent my time chatting to another interesting person who […]
Arran Boote, the Principled Principal
Arran Boote recently joined us, and I wanted to take the opportunity to introduce him personally to you all. As usual, I might be a bit long-winded. Walking with giants I have known Arran for over 20 years. He joined a small practice group of accountants I was a member of—an awesome group of people, […]
Passing the torch of succession
We all know that our time is finite; sudden succession is traumatic for everyone. When death and disability sneak up on you, it creates uncertainty and angst for everyone around you: customers, teams, family, shareholders, everyone. We all crave certainty, and few achieve a certainty we welcome. While sitting at the top of the business, […]
All things pass
It now seems we have a label for the condition we are facing as an economy. It is not a new label – the recession. Don’t kid yourself that this is somehow different to the last four years; it isn’t. It started in March 2020, with the Covid scare and global reaction. Now we are […]
Debt Eats Equity
The heading of this article is not original to me; it came from Stuart Nattrass, probably during those conversations around the board table. As a long-term board member of South Canterbury Finance, he would know about debt on both the upside and the downside. The dynamics of debt Detail Purchase/hard money Plus 20% growth in […]
