by johnireland | Articles
Most books written for business owners are about growth. This one is about what happens after growth — and it is the only book on this shelf that is genuinely about the same problem we deal with every day. James E. Hughes Jr, an American estate lawyer of the old...
by johnireland | The Book Shelf
Family Wealth: Keeping It in the Family by James E. Hughes Jr — the classic on why families lose money across generations, and what actually prevents it. Shirtsleeves to shirtsleeves in three generations is a pattern, not a superstition. Hughes argues the cause is...
by johnireland | Articles
Every year, profitable businesses close their doors not because they stopped making money, but because they ran out of it. It is one of the great paradoxes of running a company: the profit and loss account can show a healthy surplus while the bank balance tells a very...
by johnireland | Business Builder
Profitable businesses can still run out of cash because profit and cash are measured differently: profit counts income when earned, cash counts money when it actually arrives. The cash conversion cycle — the time between paying for stock or wages and being paid by...
by johnireland | Articles
Every few months on The Bookshelf, we pick up a book that has nothing to do with Wills, trusts or probate on the surface, and everything to do with them underneath. This month it is Shoe Dog, Phil Knight’s 2016 memoir of building Nike from a car boot importing...
