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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Best Practices for Running a Family Office
Description: Best Practices for Running a Family Office Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In running a family office here are some best practices to consider: Set up a mission statement that captures the values of the family. Tie that mission statement to the operational goals and financial results. Set up the legal entity and the operations to match the goals of the business. Look for tax-efficient entities and low-cost operational structures. Focus on investments that fit the expertise of the family and their values. This program...