Family-Owned Businesses

Sim Katende, Partner and Head of KATS’ Banking & Finance, Corporate & Commercial, Energy, Oil & Gas, M&A, Capital Markets and TMT Practices speaks at the Succession Planning Breakfast, organised by enjovu Family Business.

SUCCESSION PLANNING IN FAMILY-OWNED BUSINESSES: A Legal Expert View On Effective Estate Planning

First of all, what is estate planning? Estate planning encompasses determining how your assets Will be preserved, managed, and distributed after your death or if you become incapacitated. Every family business needs
LEFT-RIGHT: Joseph Kateeba (R.I.P_ an wife, Petua Kateeba founded Crest Foam Limited and built it into a major mattress maker, and have now passed it on to Josephine Kateeba, their daughter to run.

SUCCESSION IN FAMILY-OWNED BUSINESS: How Joseline Kateeba staged a friendly boardroom ‘coup’ against her mother at Crest Foam; and the beautiful unfolding story

(This story is an adaptation from a conversation Petua Kateeba and Joseline Kateeba had with Akaego Okoye, for her African Business Stories Podcast) At least 70% of all small businesses that start

 

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