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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Problems in Family Offices
Description: Problems in Family Offices Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. There are challenges in running a family office. Here are some key problems to watch out for: Treating the family office as a hobby rather than a business. The family office is a legal entity with employees, investments and tax filings. It’s important to treat it as a business for everyone involved. Not setting a clear goal or purpose for the family office. There are many investment opportunities and interesting things to pursue in today’s wo...