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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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
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
How Do Owners of Family Business Portfolios Restructure Poorly Performing Firms?
by Marina Palm, Vanessa Diaz Moriana, and Nadine Kammerlander
Family Business Succession Planning: 10 Golden Rules
by Tom Rüsen, Torsten Groth, and Arist von Schlippe
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation