White Paper

Good Governance - Key to Family Business Success and Succession

 
Privately owned companies make up the a large portion of the businesses in the U.S. Within these privately held businesses, you will find families that are the backbone of the management staff and are the front line employees.

How do family businesses or small businesses in general manage the ever day, every hour facet of business to continue and run smoothly everyday?

Family members and families in general eventually will want to remove themselves from businesses or pass the business on. Now What?

This whitepaper was originally published in 2012. Content has been reviewed and republished in October 2015.

Faculty

Janet B. Fierman

Janet B. Fierman

Sheehan Phinney Bass + Green, PA

Agenda

Governance is the System by which a Company Manages its Business
Family Owned Companies Have Intertwined Business and Family Interests
Family Agreements Express Consensus on Family Business Decision Making Processes
Independent Advisors are Important to the Long Term Success of Family Owned Companies

Faculty

Janet B. Fierman

Janet B. Fierman

Sheehan Phinney Bass + Green, PA

  • Shareholder at Sheehan Phinney Bass + Green PA
  • 2015 Top Woman Lawyer in Massachusetts; chairman of the Town of Brookline Building Commission; Super Lawyer in area privately owned businesses since 2009
  • Relevant publications “Family Enterprises and Their Real Estate”, chapter in Family Enterprises, How to Build Growth, Family Control and Family Harmony, Richard Narva editor. 2015; “CM at Risk – A New Alternative for Public Construction Projects”, 2009 “Building Defects in Residential Properties: Who is Responsible?” 2008
  • J.D. degree, law review, Boston University School of Law; B.A. degree with honors Swarthmore College; Master of International Affairs, Columbia University School of International Affairs
  • Can be contacted at 617-897-5648 or [email protected]

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