Our Latest Articles
//January 13, 2025 - Issue #133
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? 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 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 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 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 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 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 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.Unrealistic depictions of the sacrifices and tradeoffs of family business leadership -- streamed repeatedly -- can color younger people’s attitudes towards taking the helm. Read more...
In Japan, family businesses are encouraged to help one another for the benefit of their shared customers and their community. It has helped them survive setbacks and thrive. Read more...
As Prince Andrew showed, one person’s behavior can become everyone’s problem. Families must set expectations, outline processes, and provide clarity before emotions take over. Read more...
As trillions in family-owned companies shift to next-generation leaders, one critical asset is being ignored: the brand. Here’s why brand value—often nearly 20% of enterprise worth—erodes during succession and how families can protect it. Read more...
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Supported by the Richard M Schulze Family Foundation



