Our Latest Articles

November 20, 2023 - Issue #102

Here's Why Family Businesses Need Branding Here's Why Family Businesses Need Branding For family firms, branding is not about marketing but about reputation -- how customers, employees, suppliers and others perceive them.
Keep the Founder's Entrepreneurial Spirit Alive in Future Generations Keep the Founder's Entrepreneurial Spirit Alive in Future Generations While entrepreneurship often creates the family's wealth, making it part of the family culture and legacy is another matter entirely. Here's how.
Good Intentions Can Sow Dysfunction at Family Businesses Good Intentions Can Sow Dysfunction at Family Businesses A family business advisor talks about what well-meaning families get wrong about succession, conflict, and salaries, and what they can learn from watching "Cake Boss."
Help Your Family Business by Helping Others Help Your Family Business by Helping Others Philanthropy can be a catalyst for leadership development, and generate support and good will towards the business in the community.
Do You Treat In-Laws Like the Family Business Outlaws ? Do You Treat In-Laws Like the Family Business Outlaws ? Families differ in their willingness to integrate outsiders into their family circle, but be careful: these actions influence the included or excluded individuals in different ways.
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Family Business Succession, Innovation, and Compensation: What You Need to Know Family Business Succession, Innovation, and Compensation: What You Need to Know A family business scholar and a consultant discuss family values; succession planning; compensation for family and non-family members; and being bold without burning through resources.
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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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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