by Michael Louie (Originally posted on July 16, 2017 by at SuccessionToday.com)

Summer is the time for taking some rest, relaxation and sometimes seeking adventure.

Having just returned from a three-generation 10-day eastern Canada journey – I can now quietly reflect on the frenetic time together. This was a great opportunity for my family to enjoy the company of each other. How often can one have the rare luxury of 24/7 together.

Our oft times hectic lives do not afford this same amount of time, good and bad. The good – shared interesting experiences. The challenges: I only got us lost in each city numerous times as we blindly navigated the labyrinthine streets using our phones’ GPS, both walking and driving. All fun in hindsight which added to the adventure.

Remember in family enterprises, the main goal should be to maintain the “familiness” of our relationships, not merely do business and make money.

Have you planned your summer getaway yet?

Learn, think, apply!

About the Author

Since joining D&H Group LLP in 1990 Michael has worked with families and their businesses on facilitating succession, income tax planning and mergers and acquisitions. Michael is a Family Enterprise Advisor and has broad knowledge and experience in private enterprise tax and accounting, and specializes in real estate, technology and manufacturing/distribution businesses.

Since joining D&H Group LLP in 1990 Michael has worked with families and their businesses on facilitating succession, income tax planning and mergers and acquisitions. He can be reached at mlouie@dhgroup.ca.

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