Summary: Running a Family Business – Day-to-day management: In our first interview, Ian talks with Lawrence Barnes, CEO of the Canadian Association of Family Enterprise (CAFÉ), about family business trends and statistics in Canada. Lawrence discusses how the family dynamic can strengthen a business's day-to-day operations, but also looks at some of the pitfalls of running a family business. Running a Family Business – Creating an exit strategy: Our second interview features Martin Guestier, Senior Manager of Structured Succession and Acquisition Financing with BMO Bank of Montreal. Ian and Martin discuss the important financial issues of passing a family business from one generation to the next and how to build a succession plan. Martin also explores the technical and financial aspects of developing a plan.
