Our Latest Articles

March 18, 2024 - Issue #112

How to Encourage Devotion Among Nonfamily Employees How to Encourage Devotion Among Nonfamily Employees Good things happen when employees identify with the firm, participate in decision-making and feel loyalty -- and certain combinations of the three are most effective.
Women on Family Business Boards Shun Layoffs Women on Family Business Boards Shun Layoffs Research showed that women directors valued relationships with all stakeholders and had a long-term view that prioritized workforce security.
Why Do We Treat Strangers Better Than Family Members? Why Do We Treat Strangers Better Than Family Members? A family business consultant explores this question, and shares advice on managing conflict, setting boundaries, and cultivating more kindness within the family.
Family Firms May Need More Legal Advice Than They Think Family Firms May Need More Legal Advice Than They Think Families are often reluctant to anticipate and plan for the day when an unexpected transition might upend their business. The costs of inaction are high.
Cashless Businesses Make Change Cashless Businesses Make Change Laws to expand financial inclusion have many small-business owners rethinking a fundamental premise of their business plans.
Overcoming the Generation Gap
Why Women CEOs Offer Family Businesses an Entrepreneurial Advantage Why Women CEOs Offer Family Businesses an Entrepreneurial Advantage Family firms, unlike non-family firms, value a learning-based path to entrepreneurship, which plays to women’s strengths.
EIX, FamilyBusiness Projected to Reach Nearly 12 Million Annual Page Views EIX, FamilyBusiness Projected to Reach Nearly 12 Million Annual Page Views From just 20,000 views 10 years ago, the two sites have had explosive year-over-year growth. FamilyBusiness.org is now the most-visited site devoted to family firms.
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Recent
The Next Generation Can Help the Family Firm Innovate
by Richard Schulze and Ritch Sorenson / Commentary

Best Buy Founder Richard Shulze and Ritch Sorenson of the University of St. Thomas explore the opportunities that come with a changing of the guard. Read more...

Family Business Stories Build a Legacy For the Next Generation
by Kimberly Eddleston / Interviews

Books, websites, videos and blogs can capture a family business's saga, with all its challenges and triumphs, and shape a powerful legacy. Read more...

Family Business Budget Planning: 7 Things to Consider
by Joseph Astrachan / Practice Insight

Family firms -- indeed, any entrepreneur-led business -- should put aside the self-interest of different departments, and focus first on these critical factors. Read more...

Daughter Continues Mom's Legacy of Helping Others
by Kimberly Eddleston / Interviews

Blessings in a Backpack can inspire any family-run business or organization that hopes to continue the founder's spirit and mission in the next generation. Read more...

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How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
What the Bob Ross Fight Can Teach Business Owners
by Kimberly Eddleston and Jonas Ruzek
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Managing Emotional Minefields Within Family Businesses
by Dr. Ayoosha Saleem, Francesco Barbera, Simon de Jong, and Arvid Hoffmann
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation