Our Latest Articles

January 13, 2025 - Issue #133

Articles About Relationships, Succession Were Top Draws in 2024 Articles About Relationships, Succession Were Top Draws in 2024 Many readers wanted advice about handling toxic family relationships, managing succession, and preserving the family’s values over time.
Transferring Family Wealth to the Next Generation: What’s Fair? Transferring Family Wealth to the Next Generation: What’s Fair? Trillions of dollars are about to be handed down from baby boomers to younger generations. Family firms must consider how to transfer their ownership shares, and to whom.
Family History Can be Re-Framed to Encourage Harmony and Progress Family History Can be Re-Framed to Encourage Harmony and Progress The goals of the family and the business are often at odds. Family history can inspire bold and necessary steps that are still in harmony with the family’s image of itself. 
Include the Extended Family in Your Ownership Strategy Include the Extended Family in Your Ownership Strategy Your ownership strategy should consider that in future generations the family firm will likely have many more owners. Take a broader focus when you develop it.
Hiring Mom and Dad? Optimize Their Strengths and Manage Boundaries Hiring Mom and Dad? Optimize Their Strengths and Manage Boundaries Sharon Beck, owner of a Jovie Childcare franchise, shares her insights on the benefits and challenges of being your parents' boss.
Protect Your Family Business From Crime Protect Your Family Business From Crime In crime-prone regions, activities like selling in physical stores, regular trips to the bank, and talking openly about business growth can make business owners targets.
The HERO Model: How Family Enterprise Leaders Can Accelerate Change The HERO Model: How Family Enterprise Leaders Can Accelerate Change Hope, efficacy, resilience and optimism can make us better people and better leaders.  This article explores how we can cultivate it within ourselves.
How Boards Help Complex Family Firms Make Sound Decisions How Boards Help Complex Family Firms Make Sound Decisions Fiduciary boards keep family firms focused on the long term, rather than on short-term, tactical strategies.  But many family firms resist having one, fearful of losing control of their enterprise.
Search & Save Enter search below to create an easy reading list
Recent
Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis / Research Insight

Being a family firm enhances a brand's local appeal and influences consumer purchasing behaviors. Read more...

How to Boost Your Board's Performance
by Lars B. Sonderegger and Claudia Binz Astrachan / Practice Insight

On an ideal board, directors with different levels of experience, backgrounds, and interests form a cohesive team that pulls in the same direction, and that achieves more together than Read more...

Separate Family Offices Can Minimize Money Problems
by Kimberly Eddleston / Interviews

It can be dangerous to ask executive assistants or your CFO to manage your personal finances. A separate staff of calm professionals will help both business and family manage money responsibly. Read more...

Women Encourage Candor at Family Businesses
by Kristen Shanine and Kristen Madison / Research Insight

A conversation orientation in the family carries over to the business -- especially for women, who are increasingly becoming vocal heroes. Read more...

Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Why Families and Their Firms Behave Badly
by Roland Kidwell, Kimberly Eddleston, Linda Kidwell, John Cater, and Ellison Howard
Family Business Succession Planning: 10 Golden Rules
by Tom Rüsen, Torsten Groth, and Arist von Schlippe
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Family History Can Be Repurposed to Serve Today's Challenges
by Christina Lubinski and William Gartner
How to Pitch Your Startup to Attract Money
by Jonathan Littman and Susanna Camp
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation