Family businesses – The official website of the expert, consultant and trainer Walid Al-Kalsh

11 Sep 24

Why Do Families Need Family Wealth Management Services?

Why Do Families Need Family Wealth Management Services? What sets some families apart in growing their wealth across generations, while others struggle to maintain it? The answer often lies in managing family wealth with carefully crafted and precise strategies. In this article, Dr. Waleed Alkalash, a certified family wealth management…

11 Sep 24

How to Design Governance Policies for Family Businesses

How to Design Governance Policies for Family Businesses Family businesses are built on shared values and visions, but these strengths often come with unique challenges, particularly in separating family dynamics from business objectives. This makes family business governance in Saudi Arabia and the UAE essential to preserving the structure and…

03 Sep 24

Best Practices and Modern Trends in Family Wealth Management

Best Practices and Modern Trends in Family Wealth Management Family wealth management acts like a beacon, guiding families toward a future of stability and growth through a landscape fraught with risks. With the right tools and strategies, this process transforms from a daunting task into an empowering journey toward financial…

03 Sep 24

Strategies for Sustaining Family Businesses Across Generations

Strategies for Sustaining Family Businesses Across Generations Family businesses constitute the majority of companies worldwide, contributing 70% of global GDP and providing 60% of global employment. They are the primary drivers of business and global growth. Therefore, the sustainability of family businesses is crucial in the long term. However, achieving…