A company’s success depends on people—and not just those who work for it. In a typical corporate situation, the shareholders elect a Board of Directors who hire the officers who actually run the company. But if you are a small closely held company, should you also have an Advisory Board?
May
31
Business Succession Planning: Be Prepared
According to the Small Business Administration, approximately 90% of all businesses are closely held and family owned. However, of those, only 30% succeed into the next generation, and a mere 15% survive into a third generation. Why do 70% of family businesses fail to succeed into the next generation? The primary reason is that family… Continue reading »
About Our Law Firm
Proactive Consultation and Advice
Konowitz & Greenberg, P.C. is not your average law firm. Our unique approach to law both protects individual and corporate clients in the event of law disputes, as well as provides proactive consultation and advice to clients as they plan for success in their business and personal lives.
