In our recent event, Nth Round: Helping You Manage Your Multi-Gen Equity, Graham McConnell, CEO and Co-Founder of Nth Round, joined Josh Gentine, Founder of Family.Inc, for a conversation about how enterprising families can stay ahead of these pitfalls.
The Need for Modern Solutions in Family Business Governance
In this video, we dive into the essential tools that empower family businesses to streamline shareholder administration, from managing complex cap tables to handling dividend payments with ease. For those who rely on outdated systems like spreadsheets, these solutions provided are game-changing.
Some of the challenges we see family businesses often struggle with:
- Complex ownership structures that grow in complexity as new generations come on board
- Inefficient, manual processes that slow down shareholder communication, like tracking stock certificates, gathering signatures, or managing dividend payments
- Fragmented systems that fail to bring together governance, equity administration, and shareholder communication
Our platform addresses these issues, and more, head-on, offering tools that bring transparency, simplicity, and efficiency to family offices and enterprises.
Key Insights from the Conversation
In the video, you’ll hear Graham and Josh discuss how Nth Round evolved from its early days into the comprehensive platform it is today, focusing on large private companies, especially family businesses, and their complex needs. Here are some of the highlights covered:
- Digital Stock Certificates: How digitizing stock certificates eliminates manual processes, ensuring shares are accurately tracked and administered.
- Cap Table Management: How Nth Round helps families keep their cap tables organized and updated in real-time, supporting smooth governance as ownership structures grow more complex.
- Dividend Payments: A look into how event management and automated payments simplify dividend distribution, ensuring shareholders receive timely and accurate payments, while also helping prepare for tax season.
- Proxy Voting: Graham explains how Nth Round helps families keep their cap tables organized and updated in real-time, making it easier to manage complex ownership structures and ensure accurate governance as the family business grows.
Making Equity Management Seamless
Family businesses are unique. No two share the same governance structure, family dynamics, or financial needs. That’s why our platform is designed to be flexible—tailored specifically to the intricacies of your family office or business.
The platform’s development was deeply influenced by client feedback from enterprising families, which has driven Nth Round’s long-term vision. This makes the platform flexible enough to handle the varied governance structures, buy/sell agreements, and shareholder dynamics that are common across multi-generational businesses.
From automating shareholder communications to creating a central repository for governance documents, our solutions help you focus on what really matters: the long-term growth and health of your family enterprise.
If you’re ready to take control of your equity management and create a more transparent, engaging experience for your shareholders, now is the time to act.