Family Enterprise Office

How to Communicate with All Members of Your Family Enterprise

Family Enterprise Office, Family Talent /

Whether you’re the founder or inheritor of your family’s business, you know the challenges involved with communicating across multiple generations of family members. Even if all parties generally get along, messages can get lost in translation or interpreted improperly often. Unfortunately, family enterprises rely on clear communication and the alignment of goals amongst generations. The […]

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Agatha Johnson Interviewed by Prairie Family Business Association

Family Enterprise Office, Family Talent, Family Values /

Just recently, I had the sincere pleasure of being interviewed by The Prairie Family Business Association (PFBA) about lessons I learned growing up on a multigenerational family farm and how they helped shape what WillKate is today.  Spoiler alert: It all goes back to my great-grandfather, Edward Kappenman, who immigrated from Germany and purchased farmland in north-central

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family enterprise

Create a Sustainable Family Enterprise in a Post-pandemic World

Family Enterprise Office /

As we embark on 2022 and beyond, family enterprises have the opportunity to re-imagine why and how they do business. With purposeful planning, many constructive ways exist to move forward from where you are today to create a sustainable family enterprise in a post-pandemic world. To set perspective for the future it helps to take

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Why You Need Your Own Personal Purposeful Plan Independent of the Family Enterprise

Family Enterprise Office /

“You’re invested in the family enterprise. Invest in your personal purpose, too.” ~ Aggie Johnson, WillKate Founder When you look ahead and imagine your own retirement, the first place your mind likely goes is to the family enterprise. What will my succession plan look like? Will that change as I approach my retirement date? How

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family business

Life 2.0: What Will You Do After You Hand Down the Family Business?

Elements of Wealth, Family Enterprise Office, Wealth Management /

After years of planning and successor grooming, the day will finally come when it is time to pass the baton of the family business into the hands of the next generation. Undoubtedly this transition will elicit a host of competing emotions from pride to fear and excitement to anxiety. But not simply because you’ll be

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Family Talent

Mining Family Talent to “Fund” the Family Enterprise

Family Enterprise Office, Family Talent, Uncategorized /

Family is at the heart of creating a wealth-generating enterprise, and the human talent within the family is the most powerful investment and opportunity any one family has in achieving this mission! Of course, measuring the value of any single family member’s potential contribution to the enterprise may seem hard to quantify, but should certainly

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three gentleman sitting at a table taking notes

How to Manage Family Liabilities for Generational Wealth Building

Elements of Wealth, Family Enterprise Office, Family Talent /

In financial terms, assets and liabilities compete against one another in terms of the business’s balance sheet. Assets are items a company owns that provide economic benefit, while liabilities are financial obligations that detract from the total assets. Generally speaking, assets include receivables or revenue from income, investments, inventory, and equity, while liabilities are otherwise

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