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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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...

Single Family Offices as Owners: Long-Term Investors or Financial Optimizers?
by Joern Block, Reza Fathollahi, and Onur Eroglu / Research Insight

The capital structure of a firm determines its financial viability and creditworthiness. Families should understand how ownership influences this structure. 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...

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How Family Dynamics Shape Family Businesses
by Joseph Astrachan and Claudia Binz Astrachan
Family Business Succession: Your Questions Answered
by Kimberly Eddleston and Mat Hughes
Managing Emotional Minefields Within Family Businesses
by Dr. Ayoosha Saleem, Francesco Barbera, Simon de Jong, and Arvid Hoffmann
Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Family Firms May Need More Legal Advice Than They Think
by Kajsa Haag, Hanna Almlöf, Marina Madsen, and Mette Neville
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation