Our Latest Articles

July 15, 2024 - Issue #122

Single Family Offices as Owners: Long-Term Investors or Financial Optimizers? The capital structure of a firm determines its financial viability and creditworthiness. Families should understand how ownership influences this structure.

How Founders Can Stay Relevant When the Next Gen Takes Over A family business advisor says a change in leadership is like passing the baton in a relay race. Don't let go too abruptly.

Family Business Stories Build a Legacy For the Next Generation Books, websites, videos and blogs can capture a family business's saga, with all its challenges and triumphs, and shape a powerful legacy.

Persuasive Communication for Crucial Conversations Here's a free, downloadable book about achieving win/win communication. It's also available as a teaching exercise.

12 Strategies to Get Customers to Buy Your Product Playing up your product's features isn't enough. What matters most: the benefits these features provide to resolve your customer's issues.

Parental Divorce Affects Future Entrepreneurial Success While divorce can build the resilience that entrepreneurs need, it had the worst lingering effect on children from well-educated families.

Self-Interest Can Skew Budgets at Family Businesses Realistic budgets are powerful planning tools. But the motivations of owners, sales people, the production staff, and others can get in the way.

Daughter Continues Mom's Legacy of Helping Others 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.

Search & Save Enter search below to create an easy reading list

Family Business Budget Planning: 7 Things to Consider

Are Your Family and Business Thriving Together - Or Undermining Each Other?

CEOs Who've Been Mentored Achieve Better Financial Results

Family Leaders: Can Your Business Still Sail Without You?

Popular Topics

Money

Financing, revenue, profits

Team

Staffing, succession, relationships

Manage

Best practices for running the business

Grow

Increase customers and revenue

Strategy

Making better decisions

Operations

How the best firms run

Recent

5 Practical Tips for Making Business Decisions With Family Members

by Rostyslav Vovk / Commentary

Running a family business doesn’t mean always seeing eye to eye, but you can still overcome challenges, resolve conflicts, and evolve as a team. Read more...

A New Way to Resolve Extreme Conflict in Family Businesses

by Doug Baumoel and Blair Trippe / Applied and Practice

Family members may feel “trapped” in conflicts, unable to resolve substantive issues without damaging their familial relationships. This often leads to disputes that persist for decades. Read more...

Merging With Another Family Firm is Safer and Smarter

by Francesco Chirico, Robert E Hoskisson, Seemantini Pathak, and Massimo Baù / Research Insight

Family business mergers enjoy greater harmony and better financial performance than mergers involving non-family firms. Read more...

Unready and Unadvised: The Silent Crisis in Family Wealth Transfer

by Srbuhi Avetisyan / Practice Insight

A study of 13,500 family firms shows that nearly half of heirs don’t know where the assets are -- and 3 in 5 wouldn’t know what to do if the founder died suddenly. Read more...

by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis

Why Don't You Educate Your Owners?

by Tom Rüsen, Claudia Binz Astrachan, and Ruth Orenstrat

The Paradox of Choice: Wealth's Impact on Family Potential

by Doug Baumoel

Retirement Options and their Consequences for Small Business Owners

by Valeria Alterman and Ariane Froidevaux

Future Family Business Owners Can Learn to Manage Conflict

by Ritch Sorenson

How Family Dynamics Shape Family Businesses

by Joseph Astrachan and Claudia Binz Astrachan