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.
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The Perks and Pitfalls of Hiring Your Parents
by Kimberly Eddleston / Interviews

Allen Esrock of NxtGen Nexus weights in on how to optimize the free labor and other benefits, and how to manage conflicting goals, sibling resentment, and suspicious non-relatives who work for you. Read more...

Justifiable Pride or Arrogance? It Matters for Family Businesses
by Fabian Bernhard / Research Insight

Bragging about your family connection is universally bad, but even pride in your accomplishments must be displayed carefully -- especially in eastern cultures. Read more...

‘SOBs’: The Real Power in Family Businesses
by Naveen Khajanchi / Commentary

Saviors Of the Boss have the trust of company leaders and often serve as their gatekeepers. How to understand them and work with them. Read more...

Craft Ventures are More Successful With a Couple at the Helm
by Jennifer Woolley and Jo-Ellen Pozner / Research Insight

Family firms take note: A study of chocolate makers showed that shared values, commitment, and a long-term outlook are good for both relationships and business.  Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation