INSIGHTS FROM “WEALTH CREATION FOR BUSINESS OWNERS” GLOBE AND MAIL X RICHTER WEBINAR

In the recent “Wealth Creation for Business Owners: Tactics for building a cohesive, long-term strategy” webinar, in collaboration with The Globe and Mail, our managing partner Tasso Lagios shared pivotal insights with the panel of experts.

One of the key takeaways is that in the intricate landscape of family-run enterprises, expert guidance and specialized expertise play a pivotal role when selecting board members. Tasso suggests leveraging professional networks, such as lawyers or accountants, to identify individuals with a nuanced understanding of both business operations and the complexities inherent in family dynamics. By prioritizing candidates with this unique blend of skills, family businesses can ensure their boards are equipped to effectively navigate challenges and drive long-term success.

“When you find a good person who has not only business knowledge but family enterprise knowledge, it’s powerful,” Tasso said.

Read the full article on the Globe and Mail’s website.