Family owned and operated businesses dominated the landscape and the economy in the United States at one time. The Industrial Revolution, however, started the family business on the path to obscurity. After decades of decline, family businesses are rebounding once again in the United States. If you own a family business, the Lincolnshire family and business succession planning attorneys at Hedeker Law, Ltd. explain how to protect your financial interest in that business. Owning a Family Business Although a family business operates in essentially the same way as any other business, there are unique challenges a family business tends to [Read more…]
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