Risk Tolerance

Review policies with your lawyer on a regular basis

The most critical but often overlooked policies for large family businesses tend to fall into two categories: transitions and day-to-day business operations.Leadership and other...

Getting the most out of planning for transition

Perhaps the most important—and the most frightening—decisions that business owners will face are when and how to transition out of the business they have...

Transitions West 2012 report

The Transitions West 2012 conference, held Nov. 7-9 at the Ritz-Carlton in Marina del Rey, Calif., attracted a record number of participants. Nearly 200...

All stakeholders’ interests must be considered

Understanding and properly addressing family dynamics—the “softer issues” between family members—is key to ensuring the long-term sustainability of your family business. Unfortunately, frank consideration...

From one long-term investment to another

When R.D. Merrill came to the Pacific Northwest from the East Coast in the 1890s and started amassing timberlands, he wanted a long-term asset...