Imagine the following profile: Their vision was clear; all made sense. Barry and Sandy Gilman would naturally turn over the clubs to their three children while Barry and Sandy eased towards their retirement, split between the villa in Costa Rica and the lake home in Michigan. Naturally, the kids cou...(Read more)

Posting by Geoffrey D. Brown, CPA, Principal at Bond Beebe Accountants & Advisors By the very term, it is expected that a “family business” always has more than one family member involved in the business.  But just being related doesn’t necessarily make one a good employee of a family ...(Read more)

Posting by Geoffrey D. Brown, CPA, Principal at Bond Beebe Accountants & Advisors When considering how to prepare the next generation in a family business, it is necessary to focus not only on those who might work in the business and become part of the management team, but also those who may...(Read more)

Posting by Joel Susco, CPA, Principal at Bond Beebe Accountants & Advisors Family-owned businesses whether large or small, whether profitable or not, may eventually have to deal with the issue of under-performing or complacent family members who have lost their emotional attachment to the bus...(Read more)

Posting by Joel Susco, CPA, Principal at Bond Beebe Accountants & Advisors Our family, like many others, cherishes its traditions.  Regardless of whether they are for Christmas, Easter, Passover or a birthday, my wife and I always seem to want to celebrate in the same way.  After all, it’...(Read more)

Posting by Geoffrey D. Brown, CPA, Principal at Bond Beebe Accountants & Advisors Wayne Gretzky once said that good hockey players play where the puck is, but great players play where the puck will be. That statement was certainly true for Gretzky’s career, but I was again inspired when it...(Read more)

Posting by Debra Andrews, Executive Director of the Greater Washington DC Family Business Alliance Imagine a time over 200 years ago, when there were no cameras, no tape recorders, no videos; a time when some of our most important historical documents were written.  Most people are familiar with...(Read more)

Posting by Eric Fletcher, CPA, Senior Tax Manager at Bond Beebe Accountants & Advisors For most large businesses, the personal financial needs of their shareholders, partners or members are of little concern.  Obviously, there is a market incentive to maximize the value of the company, thus ...(Read more)