Food is a “trendy” business, and according to John Rothschild of Prime Restaurants Holdings, there is a good way and a bad way to handle it.

“Keeping all your eggs in one basket, the business, is risky. Diversify long term wealth preservation for your family. Take some money out of the business in a disciplined, mechanical way and by keeping a piece aside, you can take the risks in the business, but have a nest egg for the family.”

If you’re interested in or work in the food sector, this one might be for you.

Previously published in for the Ivey Business School website.

Read the article here: https://bit.ly/3ejkf89