The Metronome Method
A Fun Approach to Succession and Estate Planning for Family Enterprises
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If you want your family enterprise to prosper and carry on your legacy after you're gone, then you need to learn The Metronome Method, a metaphor for the creation of a Family Agreement. Hugh MacDonald, owner and founder of the Canadian Succession Protection Company, provides a fun approach to succession and estate planning with this guidebook. Relying on his background as a musician, he uses the metaphor of music and the metronome to show that a family needs to compose its own songbook in the form of a Family Agreement and rehearse it before their opening performance as owners. There are simpl...
If you want your family enterprise to prosper and carry on your legacy after you're gone, then you need to learn The Metronome Method, a metaphor for the creation of a Family Agreement. Hugh MacDonald, owner and founder of the Canadian Succession Protection Company, provides a fun approach to succession and estate planning with this guidebook. Relying on his background as a musician, he uses the metaphor of music and the metronome to show that a family needs to compose its own songbook in the form of a Family Agreement and rehearse it before their opening performance as owners. There are simple steps you can take to get your house in order before you, the conductor, leave the stage. You can learn how to ¿ prepare family members for the responsibility of ownership; ¿ provide a framework for your enterprise to survive for centuries; ¿ create a plan that establishes a shared vision for future generations; and ¿ build consensus among family members in and outside the business. Help your family deal effectively with succession and estate planning, and have fun along the way by learning from an expert who has years helping family enterprises succeed.
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