Latest / Banking On Business 2
Financial Planning Strategies For Small Business Owners with Chris Berens
Chris Berens, Trust Officer-Vice President at Horicon Bank, speaks about success stories and strategies that small businesses can use for financial planning. He explains how he believes in working with third parties to help administer assets correctly when there are no family members available to turn to. He mentions the "holiday clause," which helps preserve relationships among family members by allowing them to back out of an investment if it doesn't have a sufficient business plan.
Chris emphasizes communication between family members as well as revising documents such as buy-sell…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.