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September 18, 2023 - Issue #97

What If a Hedge Fund Invests in my Family Business?
At many publicly traded firms, the presence of activist investors forces them to innovate. This didn't hold true at the family businesses we studied. Read More...
Category: article
Founders: Let Next-Gens be Entrepreneurial
Rania Labaki, a professor at the EDHEC Business School in France and director of its Family Business Center, says that founders must allow their future leaders to have an entrepreneurial spirit. Read More...
Category: article
Attract and Retain the Best People As You Grow
Small firms growing into midsized need a new approach to talent. Give current employees the skills they need to help you grow, and make your firm a desirable place to work. Read More...
Category: article
The Paradox of Choice: Wealth's Impact on Family Potential
We tend to think that opportunity serves only to increase available choices. But when we think more broadly, it’s not hard to see how increased opportunity can also limit choice. Read More...
Category: article
Small and Medium-Sized Firms Are Less Prepared for Crises
Research found that they often lack the resources to assess their risk and plan for the worst -- putting their financial health at risk when disaster strikes. Read More...
Category: article
What to Do When It's Your Turn to Lead

Your relatives spent years, maybe decades, building a business, and now it's your turn to take over. Fear and self-doubt are normal. Here's how to take over the reins with confidence.

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Money
Financing, revenue, profits
Team
Staffing, succession, relationships
Manage
Best practices for running the business
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Increase customers and revenue
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Making better decisions
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How the best firms run

Recent

Family Offices: The Sober Guardians of Family Wealth

by: Kimberly Eddleston / Interviews

Often an impartial third party is the best choice to manage the family wealth for future generations and the business's longevity. Read more...


'Succession' Hits Close to Home at Family Firms

by: Kimberly Eddleston / Interviews

A family business advisor finds more than a few similarities between the HBO hit and real families. This issue shows how to minimize the rancor. Read more...


Why Don't You Educate Your Owners?

by: Tom Rüsen, Claudia Binz Astrachan and Ruth Orenstrat / Applied and Practice

Everyone agrees that families should train members to become competent owners and stewards of the family business – but few of them actually walk the talk. Read more...


One Family, Multiple Businesses: Preserving Harmony and Profits

by: Kimberly Eddleston / Interviews

Families with several businesses under their umbrella face competition for resources and family attention. The right governance can help everyone thrive. Read more...


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  1. How to Plan for a Successful Succession

    by Richard Eisenberg

  2. How Family Firms Can Prevent (or Cool Down) Sibling Rivalries

    by Jonas Ruzek and Kimberly Eddleston

  3. Strategies for Keeping Your Family Connected

    by Kimberly Eddleston

  4. Falling from Grace: How Scandals Affect Family Businesses

    by Emanuela Rondi, Carlotta Benedetti, Cristina Bettinelli and Alfredo De Massis

  5. How a Family Business Can Develop a Social Mission

    by Kerry Hannon

  6. Thriving or Trapped in the Family Business?

    by Michael Klein

Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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