The governance guide for family businesses part 4: Management and executives 

by ADLV Law Team | 2 - Run and manage your business (general commercial)

Below is part 4 of our governance guide for family businesses. To read the other parts of this series, click the links below: Part 1: Why governance matters Part 2: Members and owners Part 3: Directors and the board The board sets strategy, members provide...

The governance guide for family businesses part 3: Directors and the board

by ADLV Law Team | 2 - Run and manage your business (general commercial)

Below is part 3 of our governance guide for family businesses. To read the other parts of this series, click the links below: Part 1: Why governance matters Part 2: Members and owners Part 4: Management and executives   Becoming a director in your family’s...

The governance guide for family businesses part 2: Members and owners 

by ADLV Law Team | 2 - Run and manage your business (general commercial)

Below is part 2 of our governance guide for family businesses. To read the other parts of this series, click the links below: Part 1: Why governance matters Part 3: Directors and the board Part 4: Management and executives   As the owner of a family business, you...

The governance guide for family businesses part 1: Why governance matters

by ADLV Law Team | 2 - Run and manage your business (general commercial)

Below is part 1 of our governance guide for family businesses. To read the other parts of this series, click the links below: Part 2: Members and owners Part 3: Directors and the board Part 4: Management and executives   Family businesses are the backbone of the...

​​No contract, no deduction: Why you need to keep inter-entity service agreements​ up to date

by ADLV Law Team | 12 - Manage your taxes, 2 - Run and manage your business (general commercial)

We have said it before and it bears saying again – documentation is important.  It is common practice for corporate groups including family businesses, professional firms, and medical practices to provide different services to each other to allow the overall group to...

Is a director personally liable for company debts?  

by ADLV Law Team | 15 - Manage an insolvency issue, 2 - Run and manage your business (general commercial)

Running a business, whether large, small or a family business isn’t easy.  You’re constantly balancing cash flow, staff, suppliers, and pressure from creditors coinciding with the eternal goal to grow. Sometimes due to extenuating circumstances; whether that be market...