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Family Business Formula for Thoughtful Decision-Making
How can owners of family businesses balance family values with the financial realities of entrepreneurship?
Almost all successful family enterprises operate using a deliberate approach to make objective and thoughtful decisions around family and business. The formula often looks like the following: Family Values + Calculated Economics = Thoughtful Decision-Making.
This brief article will give you a lot to think about in terms of how to avoid problems that can damage family-owned businesses and provide perspective on how you can better approach decision-making for the family and the business.
To set up a meeting to discuss how we can bolster your entrepreneurial spirit and protect your family, contact:
Andrew R. Connors, CFP®, CEPA
Business Owner Leader
Partner, Fairport LLC
(216) 431-2754
Fairport Wealth is passionate about helping entrepreneurs”mind their business” while fostering their family’s wealth.
Fairport Wealth is a group comprised of investment professionals registered with Hightower Advisors, LLC, an SEC registered investment adviser. Some investment professionals may also be registered with Hightower Securities, LLC (member FINRA and SIPC). Advisory services are offered through Hightower Advisors, LLC. Securities are offered through Hightower Securities, LLC.
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