https://youtu.be/sOeq07yZgiQ Watch part three, the final installment of Radio Entrepreneurs Family Business Association (FBA) 2023 Panel series entitled ‘The Family Business: Is this a family affair?’ Gain insight and advice from Stephen Wilchins, founding partner at...
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Attorney Stephen Wilchins is back on the Radio Entrepreneurs Family Business Association (FBA) Panel Discussion 2023: “The Family Business: Is this a family affair?” Part 2
https://youtu.be/YatpW3Nny-U Watch part two of the latest 2023 Radio Entrepreneurs Family Business Association (FBA) Panel as Stephen Wilchins, founding partner at Wilchins Cosentino & Novins, Rich Hirschen, partner from Gray, Gray & Gray, and two guest...
Attorney Stephen Wilchins is back on the Radio Entrepreneurs Family Business Association (FBA) Panel Discussion 2023: “The Family Business: Is this a family affair?” Part 1
https://youtu.be/amGJhZbzx0g The first of the three-part series for the most recent 2023 panel discussion focuses on the question: should everyone in the family be in the business? Stephen Wilchins, Founding Partner at Wilchins Cosentino & Novins, a partner from...
Quit Procrastinating, Reduce Tax Liabilities!
Many individuals may overlook the potential estate tax consequences of owning a valuable primary residence or vacation property. Without proper planning, these assets could significantly increase the value of the individual’s taxable estate and result in higher estate...
Ground Rules for Spouses Running a Business
Managing a business with your spouse often presents exciting opportunities. However, a complex operating environment and uncertain growth trajectory, coupled with significant financial stakes and various management issues inherent in the business, may present...
Protect Your Blindside: The Importance of Contracts in Managing Risk
Protect Your Blindside. We hear this term in sports, but how does this relate to running a business? It’s all about risk management. One important way to protect your blindside in business is to ensure contracts are reviewed before signing. Never blindly sign a...
Leveraging Your Board of Advisors
Advisory boards can add value in multiple areas, including growth strategy, market development, technology deployment, operational excellence, capital raising, etc. Your board members are selected based on the array of skills, expertise, experience and relationships...
It Doesn’t Have to be Equity
For closely held businesses – including family-owned businesses – providing equity is not always the right answer for rewarding key employees. In the Business Law practice at WCN, we advise and counsel owners on how to achieve the goal of recognizing and rewarding key...
Building an Advisory Board
In our last article related to the benefits of an advisory board, we discussed the importance of selecting board members with a diverse and relevant range of qualities and experiences. Click here to read the second article in this series. One of the key attributes of...
Creating Value Through a Board of Advisors – The Benefits for Entrepreneurs and Early-Stage Companies
This is the first in a series of articles that explores why closely held businesses should seriously consider establishing an independent Board of Advisors. Future articles will examine related themes, including how to structure an advisory board; how to select and...