June, 2021
//June 23, 2021 - Issue #33
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 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 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 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 Here's what you need to know about SEO, PPC, influencer marketing and content marketing -- all tools that will get you noticed.
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 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 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.
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...
Family business mergers enjoy greater harmony and better financial performance than mergers involving non-family firms. Read more...
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...
Using AI can be risky in settings where confidentiality is key, but it can be indispensable in developing innovative services that clients expect. Here's how to harness it safely. Read more...
Editorial offices located at St Thomas University
Supported by the Richard M Schulze Family Foundation