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Tsikot Member Rank 4
- Join Date
- Jan 2007
- Posts
- 2,326
December 3rd, 2007 02:44 AM #31Slightly OT: Medyo malaking problema talaga ang succession planning para sa family businesses. In the end, kailangan mo to earn enough to keep everyone happy and/or have enough capital to create other businesses to employ other siblings. Kung lugi, the turnaround has to be done fast then a decision to sell should be made upon a deadline. Kung kumikita pero maliit, either palakihin o i-professionalize. Kung malaki naman ang kita -- plan for the future protection of the company(ies).Kung nag-aaway na, the best thing to do is get a mediator and/or sell/go public -- then ang gusto mag cash out, puwede na lumabas. Sa hinaba haba for example nung away nung owners ng Baguio Country Club, eh di sa going public din sila bumagsak. Yun lang kasi ang way na madistribute equitably ang assets kung kulang ang cash pero may kita at ang iba ay gusto na umalis.
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