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Nevada State Bank has been helping family-owned businesses since our founding more than 50 years ago. We recognize that owning a family business presents challenges as well as opportunities. We have the experience, the resources and the know-how to help you face those challenges and make your company a success for generations to come.

While your banker can provide you personalized assistance, we have several online resources that are available 24/7. Our quarterly newsletter and on-demand webinars both highlight key areas of interest, and challenge, for family businesses. Click on the links below for convenient resources.

Family Business Newsletter

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Spring 2013 - In this issue:

Webinar: You Aren't the Boss of Me - Resolving Sibling Disputes in the Family Business

The transfer of business leadership from founder to children can often be infected with sibling rivalry. The experiences of our childhood can scuttle our working relationships as adults.

Learn how to understand the natural and normal tensions between siblings, know what to expect when siblings work in a business together, and discover techniques to help resolve sibling disputes within the family business.

Webinar: Managing Conflict in Family Business

Did you know that some conflicts can actually be beneficial? Managing conflict is challenging in any business setting-family business or not. The key is knowing how to leverage conflict into an advantage. The dynamics that produce conflict within a family intersect with the challenges of owning and operating a business, potentially complicating both. This webinar will identify family business conflict patterns, roles, and tactics.

Webinar: Financing Transitions in a Family Business

Don't get tricked into thinking you have limited options. If a family-owned company is to provide opportunities for future generations, it must plan both adequate shareholder liquidity and sufficient business capital.

Learn how careful planning and financial techniques can help you retain business control and make wise choices among the many available alternatives.

Webinar: Family Business - Performance Expectations, Evaluation & Compensation

Without proper care and consideration, the process of agreeing to expectations and evaluating and rewarding performance in a family business may cause damaging disruption.

Learn "best practices" that will help you more clearly define framework for determining an appropriate mix of salary, bonuses, benefits, perks and distributions.

Webinar: Governance and Decision Making for the Business Owning Family

Learn tried and true “best practices” as well as answers to these and other questions:
  • How do I manage family relationships while protecting the health of our business?
  • What are fair processes for hiring family members, managing conflicts, and passing shares to the next generation?
  • How can we pass on a legacy of guiding principles?

Webinar: Moral Agreements & Governance in Family Business

This webinar answers questions about how to govern your family business, including:
  • What processes and policies will help us develop alignment between our family members, business owners and management?
  • How can governance measures prevent problems now and keep us out of court later?

Webinar: The Ten Must-Haves for Excellent Succession Planning

This webcast answers questions to help you prepare for the future of your company, including:
  • How can my succession plan balance the needs of my business with the wants of my family?
  • How do I begin to determine the next leader of my business?
  • How should I plan, manage and communicate my retirement plans to my family, partners and employees?

Webinar: Making the Family Business Work

Experts cover questions to help you prepare for the future of your company.
  • Provides a basic understanding of key family business concepts
  • Discusses the challenges and complexities of family business
  • Gives you tools and resources for family business discussions
  • Looks at key components of succession planning
Nevada State Bank is proud to sponsor Nevada Business Magazine’s Family Owned Business AwardsClick here to see a special supplement featuring all the finalists.


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