Financing Transitions: Managing Capital and Liquidity in the Family Business (A Family Business Publication)

This book establishes the principles and patterns necessary to laying the foundation for capital and liquidity planning. Through an in-depth examination of financial situations, it leads family businesses to making wise, well-timed choices about the future of the business and the family. Front Matter....Pages i-viii Balancing Liquidity, Growth, and Control....Pages 1-13 Managing Patient Capital and Shareholder Liquidity....Pages 15-28 Managing the Cost of Patient Capital....Pages 29-41 The Role of Family Governance in Family Effect....Pages 43-52 Keeping, Selling, or Expanding the Family Business....Pages 53-65 Internal Financial Solutions....Pages 67-83 External Financial Solutions....Pages 85-100 Private Equity as a Growing Source of Capital....Pages 101-108 Summary....Pages 109-110 Back Matter....Pages 111-116