Financing Transitions: Managing Capital and Liquidity in the Family Business [Paperback]

Craig E. Aronoff, John L. Ward Francois M. de Visscher (Author)

Book Description

ISBN-10: 0965101177 | ISBN-13: 978-0965101172 | Publication Date: October 1995 0

If a family-owned company is to endure and provide the maximum potential opportunity for future generations, it must plan for provision of both adequate shareholder liquidity and sufficient business capital. Many believe their options are limited: restrict money available to the family; sell the business; or go public. Rather than allowing financial pressures to destroy the family business, careful planning and sophisticated use of the growing collection of financial techniques can help the family retain business control and make wise choices among many available alternatives. Francois deVisscher, one of the nation's leading authorities on family business finance, joins Drs. Aronoff and Ward in producing this volume. Financing Transitions: Managing Capital and Liquidity in The Family Business is a guide to: * anticipating and managing capital and liquidity needs; * understanding how the "Family Effect" can be a family business' greatest asset--or its greatest threat; * evaluating two dozen up-to-date, sophisticated financial solutions for providing liquidity and capital for the family business; * recognizing how predictable family business transitions can erupt into family crises; * avoiding the downward liquidity spiral; * keeping patient capital from becoming impatient; * controlling the family business's cost of capital; and much more... Financing Transitions: Managing Capital and Liquidity in the Family Business gives business owners the financial insight and understanding needed to provide future generations with the fullest possible opportunity to enjoy the unique benefits of business ownership.

Editorial Reviews

Review

'While each volume contains helpful 'solutions' to the issues it covers, it is the guidance on how to tackle the process of addressing the different issues and the emphasis on the benefits which can stem from the process itself which make the Family Business Leadership Series of unique value to everyone involved in a family business - not just the owners.' - David Grant, Director (retired), William Grant & Sons Ltd. (Distillers of fine Scotch) 'These books deserve a place in every business-owning family's library' - Leon Danco, Cleveland, OH 'I think the Family Business Leadership Series books are excellent. They are extremely concise and practical, and they have the information you need.' - Gigi Cohen, EVP, Magid Glove & Safety Mfg. Co., LLC, Chicago, IL --This text refers to an alternate Paperback edition.

About the Author

François M. de Visscher is President of de Visscher & Co. in Greenwich, CT, one of the world’s leading independent financial consulting and investment banking firms for family and closely-held companies. A native of Belgium, Mr. de Visscher has been an active advisor to business owning families for over twenty years, mostly in the United States, Canada, Europe, the Middle East and Latin America.  Mr. de Visscher founded “Family Capital Growth Partners,” a private equity fund focused on making equity investments in family-owned and closely held companies and co-founded the Business Growth Alliance, an alliance of middle-market advisory firms.  He is a director and shareholder of his own family’s global enterprise, N.V. Bekaert S.A. Headquartered in Belgium.  Mr. de Visscher is the recipient of the ‘Richard Beckhart Award” from the Family Firm Institute in Boston, recognizing his many valuable contributions to the Field of Family Businesses.

Craig E. Aronoff is Co-founder, Principal, and Chairman of the Board, of The Family Business Consulting Group, Inc. He is a leading consultant, speaker, writer, and educator in the family business field.  Aronoff is perhaps the most prolific writer in the family business field.  As the founder of the Cox Family Enterprise Center and current Professor Emeritus at Kennesaw State University in Marietta, GA, Aronoff invented and implemented the membership-based, professional-service-provider sponsored Family Business Forum, which has served as a model of family business education universities world-wide. He has held the Dinos Eminent Scholar Distinguished Chair of Private Enterprise and was a professor of management in Kennesaw State's Coles College of Business.  The Aronoff Professorship of Family Business at Kennesaw State University was named in his honor.

John L. Ward is Co-founder of the Family Business Consulting Group Inc. He is Clinical Professor at the Kellogg School of Management and teaches strategic management, business leadership and family enterprise continuity. Ward is the author or co-author of several leading texts on family business, Keeping the Family Business Healthy, Creating Effective Boards for Private Enterprises, Strategic Planning for the Family Business, Perpetuating the Family Business, Unconventional Wisdom and Family Business Key Issues. He is also an author of a collection known as The Family Business Leadership Series, each focusing on specific issues family businesses face.

--This text refers to an alternate Paperback edition.

Product Details

• Paperback: 62 pages
• Publisher: Business Owner Resources (October 1995)
• ISBN-10: 0965101177
• ISBN-13: 978-0965101172
• Product Dimensions: 8.8 x 5.8 x 0.2 inches
• Shipping Weight: 4 ounces
• Amazon Best Sellers Rank: #2,718,910 in Books (See Top 100 in Books)