by theEmother | Jan 18, 2013 | build a Mother of a Business, EXIT execution, exit strategy, Finish Unfinished Business, SELL your Mother of a Business, the business model
#BusinessOwners, let this not happen to your family business.
Extreme – yes, avoidable – yes; the importance of an #exitstrategy…
“The feud between the brothers started last year when their father, Kulwant, died without dividing the family firm among his sons. The Chada empire, which has revenues of around 25 billion Indian rupees (€355 million), includes real estate, sugar production, film distribution and paper mills.”
read on: FAMILY FEUD LEADS TO DEATH OF CHADHA BROTHERS…
by theEmother | Jul 12, 2011 | EXIT execution, exit strategy, Finish Unfinished Business, how to sell a business, Sell Your Business, SELL your Mother of a Business, single parent l single mother
Many businesses are founded and run by a husband and wife team.
What happens to the business if they divorce?
The ‘clean break’ principle
The Family Court’s position is that whenever possible, there should be a clean break between ex-spouses. This means a property settlement, with the combined asset pool being broken into two chunks. When the assets include a business, the property split can take place in a number of ways…
Read the full article.
A story by Greg Parker for mybusiness.com.au
