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.

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6 Questions to Ask Before Creating a Family Business Board

Before You Create a Family Office, Prepare the Next Generation

Why Family Businesses Shouldn't Always Listen to Wall Street

How Family Business Succession Shapes Innovation in the Next Generation

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Recent

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A business sale changes more than ownership. Families must also rethink governance, roles, wealth, identity, and purpose after the company is gone. Read more...

When Political Differences Threaten the Family Business

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Political differences can turn dangerous when family members begin dismissing one another’s business judgment based on political identity. Read more...

Why Every Family Business Leader Needs a Peer Group

by Justin Smith / Applied and Practice

More than 300 peer-group meetings show what happens when family business leaders have a trusted place to talk with people who truly understand their challenges. Read more...

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