Investor Connect Podcast

Structuring a Family Office

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

Structuring a family office requires many decisions in order to find the optimal solution.

Consider these points in structuring your family business:

Who does the family business serve?

This typically includes the family and their offspring.  

What services should the family office provide?

There’s a cost to the business for providing services.

For those the family office serves, what specific services are performed?

It’s best to provide a core set of services that can be done cost effectively.

Are you using in-house or outsourced services?

The choice of internal or external support has a significant impact on the cost of running the business.

This is particularly important with financial investment work.

How much do you charge the family member for services rendered?

If everything is free then the cost can go through the roof.

Should the services generate a profit for the family business or just cover the costs?

There’s always overhead and uncovered expenses in a business that need to be paid for.

What oversight of expenses should be put in place?

There’s often the need for a controller function in the family business.

What legal structure should be used?

Most family offices use an LLC with S-Corp designation but there are benefits to C-Corp and other structures.

Consider these questions in structuring your family business.

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

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For more episodes from Investor Connect, please visit the site at: http://investorconnect.org 

Check out our other podcasts here: https://investorconnect.org/ 
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Direct download: 05.Structuring_a_Family_Office.png.mp3
Category:general -- posted at: 5:00am CDT

In this episode of Investor Connect, host Hall T. Martin sits down with Doug Willmore, Chief Executive Officer, and Cathy Key, President and Chief Business Development Officer of WorldTree. Join the conversation to explore the fascinating journey of a company that started small and now manages 300 tree farms across multiple countries. With a focus on nature-based solutions, WorldTree offers a unique perspective on scaling a green business.

Cathy shares her intriguing shift from anthropology to tech, leading her to redefine WorldTree's business model. Doug provides an update on their current fundraising efforts, shedding light on the progress they've made and the ambitious goals ahead. Their conversation touches on the challenges and strategies involved in raising capital in the eco-friendly sector.

The episode teases insights into the financial workings of WorldTree, including their revenue streams and valuation approach. Hall and Doug discuss attracting the right investors and balancing financial returns with impactful environmental benefits. The dialogue offers a peek into the strategic thinking behind successful fundraising campaigns.

Hall outlines the innovative approaches Ten Capital employs to connect with potential investors, blending online and in-person events. With hints at the unique tactics and experiences shared, this episode promises to be a treasure trove of valuable insights for anyone looking to navigate the complex world of startup funding.

About WorldTree
WorldTree is dedicated to nature-based solutions for some of our biggest global challenges, focusing on people, planet, and prosperity. They develop carbon forestry projects to protect native forests, produce renewable timber, and sequester carbon. By funneling private capital into the regeneration of undervalued farmland through Empress-based forestry, WorldTree is paving the way for sustainable solutions. Visit the company here: https://worldtree.eco/

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For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  
Check out our other podcasts here: https://investorconnect.org/  
For Investors check out: https://tencapital.group/investor-landing/  
For Startups check out: https://tencapital.group/company-landing/  
For eGuides check out: https:/_/tencapital.group/education/  
For upcoming Events, check out https://tencapital.group/events/  
For Feedback please contact info@tencapital.group   
Please follow, share, and leave a review.
Music courtesy of Bensound.

Direct download: HTRF_EP24.mp3
Category:general -- posted at: 5:00am CDT

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