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An increase in income tax rate means you’ll pay a higher percentage of your income to the government. This directly reduces your disposable income, the money you have left after taxes for spending or saving. This can make it harder to afford basic necessities, save for retirement, or invest in your future.
Leadership Building at Family Offices Require a ‘Blueprint,’ says Mack International Founder Linda Mack in New Webcast
Leadership Expert Details How Best to Hire C-Suite Leaders in New Policy and Taxation Group Webcast with Host Pat Soldano
Family Business expert Linda Mack, founder of Mack International, details in a new webcast from Policy and Taxation Group how to best plan for and hire family office C-suite leaders.
The Mack webcast discusses how family offices should launch an effective executive search, how to sidestep common search pitfalls, and how there are often some surprising challenges with “Gen Z” leadership. Mack International is a leading executive search and strategic human capital consulting firm focused on single family offices/family enterprises, multi-client family offices.
The webcast is hosted by Pat Soldano , President, Policy and Taxation Group and Family Enterprise USA, both organizations advocate for clients of family offices, family businesses, and successful individuals.
“Building a successful family office is much like constructing a house,” says Mack in the webcas t. “It requires a clear vision, a budget, and a blueprint,” she says. “A family office must be carefully designed with an understanding of its purpose, structure, and the services it will provide.”
The webcast also offers answers to frequently asked questions on recruiting C-Suite talent , common recruiting mistakes, and the challenges dealing with Next Generation succession planning and communications.
“Our ongoing series of webcasts and podcasts are important not only for family businesses, but for helping to deliver the message to our legislators that family businesses are critical to our economy,” said host Soldano. “These webcasts are particularly enlightening in that they cover the key issues of leadership building and next generation transition planning ,” she said.
According to research, America’s multi-generational family-owned businesses not only contribute $7.7 trillion annually to the U.S. gross domestic product, but are the largest private employers in the country, accounting for 83.3 million jobs, or 59 percent of the country’s private workforce, research shows.
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The need for fact-based reporting of issues important to multi generational businesses and protecting a lifetime of savings has never been greater. Now more than ever, multi generational businesses and family businesses are under fire. That’s why Family Enterprise USA is passionately working to increase the awareness of issues important to generationally-owned family businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates , possible elimination of valuation discounts, increase in capital gains tax , enactment of a wealth tax , and the continued burden of the gift tax , estate tax and generation skipping tax .
Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.
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The post Leadership Building at Family Offices Require a ‘Blueprint,’ says Linda Mack in New Webcast appeared first on Family Enterprise USA .
Family Enterprise USA is the organization that represents all family businesses on a national level in DC; it is not unique to any industry. Family Enterprise USA is different from other organizations because it represents and advocates for the families of family businesses and the issues, they face running their businesses every day. Our sole mission and purpose is to promote family businesses and their job growth in America. We also support the work of Family Business Centers across the country. We hope your family will choose to be a member of Family Enterprise USA.