Featured

The Complexities of Family Business Systems

The Complexities of Family Business Systems

By Nina Kaufman, Esq.

Have you ever known a family that doesn’t have a fight . . . about something?  It could be about “who’s hosting Thanksgiving,” “who slighted whom,” or “how to run our business.”  In his article, Resolving Disputes in Family Businesses, David Gage points out that: A family business is really three distinct but intricately related systems: Family, Business, and Ownership. Part of each system is separate from the others and part is bound to the others. Conflicts can occur in a non-intersecting area, e.g., a family conflict unrelated to the business, or a problem in the business concerning non-family employees. In other words, untangling a family business dispute is like business partnership disputes–only exponentially more complicated.  Think of it like 3-D chess: you may know how the pieces tend to move, but there are many more layers to playing the game well. And it’s so easy to put a foot wrong, when you add family relationships (and resentments) to the mix.  Just look at the example Gage gives of giving an equal share in his business to his…

Continue Reading

Popular

What REALLY drives your revenue?

Listen to the Episode Below:  Owning your own business means understanding what drives your revenue, not just the revenue itself. And in order to drive your revenue and put it on auto-pilot, you need to…

Read More

Gearing Up For Out-of-State Business

Q.:  I would like to market to first-time homebuyers in New York, put them through a nonprofit loan program of which my company is not affiliated and eventually hand them off to a Realtor in…

Read More

SBA Small Business Awards–Meet Our National Winner!

Women-owned companies that need help with small business need look no further than software engineer Laurie Simon and her Kirkland, Washington Ombrella Consulting.  I had the pleasure of encountering Laurie because she beat me. 🙂 No,…

Read More
Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.

With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.

And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.