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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Best Practices for Setting Up a Family Office
Description: Best Practices for Setting Up a Family Office Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In setting up a family office consider these best practices: Build an investment strategy that leverages the strengths of the family including their skills, resources and network. Setup a formal diligence process to screen incoming deals in a rigorous manner. Assess the skills and capabilities of the current family members and then decide how to bring in outside skills to augment the group. Set up communication channels and a centralized system for...