
Why succession planning is important in any family business
Across the world, family businesses are the foundation on which economies are built. Most family-owned businesses desire a successful continuity of their business from one
Across the world, family businesses are the foundation on which economies are built. Most family-owned businesses desire a successful continuity of their business from one
Chasing investment funding can be an exciting but daunting time for a start-up founder. Once you have delivered a great pitch and attracted the attention
As a business owner, it’s easy to want to sign off on every last document that comes across your desk. But scanning through contracts and
Where there is material conflict, voluntary resignation may be an option that has to be considered. Section 156 of the Company’s Act sets out disclosure
The reality is that with the world being so small, and networks being so important, most directors are going to face situations where there may
Directors have historically been subject to duties under company law. A director must exercise care and skill that can reasonably be expected of them. In
Directors’ duties can be onerous. It is essential for would-be directors to conduct thorough due diligence by taking into account the legal, financial and business
While being invited to join a Board is exciting and definitely a step-up for many, tread with care. Directors have duties and responsibilities, and you
Many aspiring directors take the step of joining a board without sufficiently reflecting on the possible risks in terms of personal financial liability and reputational
“Only 30 per cent of all family businesses make it to the second generation and only 3 per cent last for more than four generations
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© 2021 Silvesterlegal by Weave Asia - Webdesign & Digital Marketing Agency. All rights reserved.
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