It’s Not Just Business, It’s Family: Recent Episodes
Dentons
Family-owned enterprises account for 63 percent of all private sector firms in the Canadian economy and generate approximately 49% of Canada’s real GDP in the private sector. Leah Tolton, Partner at Dentons Canada LLP, is host of “It’s Not Just Business, It’s Family”, where she discusses topics around family enterprises and shares ideas to help stakeholders deal with challenges and opportunities when they arise.
Formalizing the governance structure of a family can be challenging for many reasons. In this episode, we explore the shift that occurs in which decisions are made when governance structures are formalized in a family enterprise. We also look at how formal processes and procedures can help create a more efficient and effective organization as well as help prevent conflict within the family. Host Leah Tolton, Partner at Dentons Canada is joined by Erick Hamdan, former CFO of Leder Investments, Salvatore Corea, Certified Financial Planner at Sorrel Financial, and Nicole Osolinsky, Western Canada Tax Partner at KPMG. All three guests are experts in the family enterprise field and each provide a unique perspective and invaluable insights into this episode’s topic.
In this episode we explore the dimensions of developing an ownership strategy within a family enterprise, especially the importance of having a strategy in place to ensure the family enterprise addresses complications that can arise when future generations take over. Host Leah Tolton, Partner at Dentons Canada is joined by Erick Hamdan, CFO of Leder Investments, Salvatore Corea, Certified Financial Planner at Sorrel Financial, and Nicole Osolinsky, Western Canada Tax Partner at KPMG. All three guests are experts in the family enterprise field and each provide a unique perspective and invaluable insights into this episode’s topic.
In every family enterprise, there are three key elements: the business, the family, and the owners. The classic three-circle model is a business model that has been around for decades and is a model that can be used to understand the relationship between businesses, owners, and families. In this episode we look at the dynamics when family members are in different places within the business, complexities that can arise and ideas on how stakeholders can navigate them. Host Leah Tolton, Partner at Dentons Canada is joined by Erick Hamdan, CFO of Leder Investments, Salvatore Corea, Certified Financial Planner at Sorrel Financial, and Nicole Osolinsky, Western Canada Tax Partner at KPMG. All three guests are experts in the family enterprise field and each provide a unique perspective and invaluable insights into this episode’s topic.