E-Book Overview
A practical guide to best and worst practices for family businesses--from drawing up incorporation documents to succession planning to selling the business. The book also includes examples from actual court cases and presents these lessons in an accessible manner. Sample legal agreements are included which help to avoid some of the major risks to the family business.
E-Book Content
10.1057/9780230111806 - The Family Business Guide, Frederick D. Lipman Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 2011-04-01 Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 2011-04-01 The Family Business Guide 10.1057/9780230111806 - The Family Business Guide, Frederick D. Lipman 9780230105157_01_prex.indd i 7/7/2010 10:25:18 PM Other Works by Frederick D. Lipman International and U.S. IPO Planning: A Business Strategy Guide Executive Compensation Best Practices Corporate Governance Best Practices: Strategies for Public, Private, and Not-for-Profit Organizations Valuing Your Business: Strategies to Maximize the Sale Price The Complete Guide to Employee Stock Options The Complete Guide to Valuing and Selling Your Business The Complete Going Public Handbook Financing Your Business with Venture Capital How Much Is Your Business Worth Going Public Venture Capital and Junk Bond Financing Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 2011-04-01 Audit Committees 10.1057/9780230111806 - The Family Business Guide, Frederick D. Lipman 9780230105157_01_prex.indd ii 7/7/2010 10:25:18 PM Everything You Need to Know to Manage Your Business from Legal Planning to Business Strategies Frederick D. Lipman Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 2011-04-01 The Family Business Guide 10.1057/9780230111806 - The Family Business Guide, Frederick D. Lipman 9780230105157_01_prex.indd iii 7/7/2010 10:25:18 PM THE FAMILY BUSINESS GUIDE Copyright © Frederick D. Lipman, 2010. Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages. First published in 2010 by PALGRAVE MACMILLAN® in the United States—a division of St. Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Where this book is distributed in the UK, Europe and the rest of the world, this is by Palgrave Macmillan, a division of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN: 978–0–230–10515–7 Library of Congress Cataloging-in-Publication Data Lipman, Frederick D. The family business guide : everything you need to know to manage your business from legal planning to business strategies / by Frederick