June, 2021

June 23, 2021 - Issue #33

Foundations Give Entrepreneurs a Channel for Doing Good Foundations Give Entrepreneurs a Channel for Doing Good Foundations provide a way for entrepreneurs to address societal problems or to help organizations focused on education, health care research or the arts.
Measuring the Financial Impact of Family Businesses on the US Economy Measuring the Financial Impact of Family Businesses on the US Economy Future tax and regulatory policies will impact family businesses, their employees, the local communities they support and the economy.
Four Things that the Best Family Business Boards Do Well Four Things that the Best Family Business Boards Do Well Independent directors hold others accountable and encourage change even when firmly entrenched relationships or operating philosophies make it seem impossible.
To Encourage Innovation, Tap the Next Generation of Leaders To Encourage Innovation, Tap the Next Generation of Leaders This article and podcast explore how family businesses can keep products and services relevant and avoid playing catch-up with competitors.
Use Digital Marketing to Build Demand for Your Product Use Digital Marketing to Build Demand for Your Product Here's what you need to know about SEO, PPC, influencer marketing and content marketing -- all tools that will get you noticed.
June 2021
Should You Brand Your Family Business? Evidence from Research and Practice Should You Brand Your Family Business? Evidence from Research and Practice Touting its family ownership may help a firm impress some stakeholders, but may deter others. The family must be strategic in its branding efforts.
How Scotch Whisky is Fueling Decades of Good Works How Scotch Whisky is Fueling Decades of Good Works Without heirs, the Robertson sisters 60 years ago created an evergreen philanthropic-commercial hybrid company that remains protected from taxes and takeovers.
A Bonanza for Food Trucks A Bonanza for Food Trucks

Many restaurants were forced to close during the pandemic, but food trucks -- many of them family-run -- found a way to keep rolling, as this New York Times article points out.

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Recent
Family Firms: Building Resilience Across Generations
by Douglas Hassell and Kimberly Eddleston / Applied and Practice

Building on three specific attributes -- long-term orientation, social capital, and values-driven governance -- helps families build strengths for generations to come.  Read more...

Here Are the Next Gen's Biggest Worries
by Kimberly Eddleston / Interviews

Many want to know where they will fit in the family enterprise; how the wealth will be divided; and how the business will be governed as the family grows in complexity. Read more...

Things to Consider When Transferring Family Business Ownership
by Susan Lanz, Gary Burke, Kajsa Haag, and Omid Omidvar / Research Insight

Family business succession involves transferring ownership as well as management. Family circumstances and past events lead to three types of ownership transfers. Read more...

Will Your Successors See Themselves as Heirs or Entrepreneurs?
by Ganlin Mia Li, Bingbing Ge, and Junsheng Dou / Research Insight

Mentoring plays a huge role in shaping how the next generation views the role of family business leader, a study in China shows. Read more...

Trending
How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
What Family Firms Can Teach Us About Work-Life Balance
by Jennifer Jordan and Peter Vogel
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Consumers Love Local Brands. That's Good News For Family Businesses
by Philipp Jaufenthaler, Andreas Kallmuenzer, Sascha Kraus, and Alfredo De Massis
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