The Top 10 EY Family Business Findings of 2015

ALT TAGCarrie Hall, EY Americas Family Business Leader

With the beginning of a new year, it is the perfect time for a retrospective of the top ten EY Family Business findings of 2015 based on our analysis from the global family business survey.  Continue reading

Family employment guidelines are a sweet spot for Purdys Chocolatier

When it comes to buying quality chocolate in Vancouver, one brand stands out: Purdys, a family business that’s supplied chocolate to British Columbia’s most discerning residents and visitors since 1907.

Karen Flavelle, who is Purdys’ owner and is often cited as one of Canada’s best known businesswomen, was the winner of EY’s 2013 Family Business Award of Excellence. Here’s what she has to say about Purdys’ — and her own — success.

Continue reading

Four myths about fraud and your family business

You may think that the trusting, tight-knit nature of family-owned businesses means they have a lower risk of fraud. But some experts believe the risk and occurrence of misappropriation are actually greater in family businesses due in part to that very environment of trust. Furthering the problem, the perpetrator may not realize his or her behavior is inappropriate.

Continue reading