by Dr Edgar Paltzer | Sep 27, 2022 | Business, Law
Global studies have shown that the vast majority of businesses worldwide are either wholly or partly family-run. However, research suggests that as many as three-quarters of all these businesses fail to make it beyond the first generation. Some more statistics for...
by Dr Edgar Paltzer | Jul 29, 2022 | Business, Law
Alternative dispute resolution, often referred to using the acronym ADR, is a way of resolving problems without having to go to court. There are three primary methods of alternative dispute resolution: mediation, arbitration and conciliation. For consumer problems,...
by Dr Edgar Paltzer | Jul 27, 2022 | Business, Finance, Law
There are many reasons why people choose to start a family business, such as flexible working hours, job creation, learning new skills and more. However, most of the reasons why people start family businesses revolve around creating a legacy that can be passed down to...
by Dr Edgar Paltzer | Jul 6, 2022 | Business, Law
Alternative dispute resolution, or ADR, is an umbrella term used to describe all forms of dispute resolution that take place outside of a formal legal setting such as a courthouse. This does not mean the results of ADR are not legally binding – in several cases,...
by Dr Edgar Paltzer | Jun 29, 2022 | Business, Law
There are many advantages to owning and operating a family business. Increased stability, commitment and flexibility, alongside having something of value to pass along to the next generation, are just a few. However, there can also be disadvantages or areas where...
by Dr Edgar Paltzer | Mar 16, 2021 | Business, Finance
The family office caters for the financial needs of high-net-worth individuals and families. 2020 saw the emergence of new high-net worth individuals and growing expansion of wealth by existing families in the bracket, leading to greater demand for the services of a...