Regular issue
//April 22, 2022 - Issue #59
Dealing with Inflation: Advice From the Experts Keep moving forward; adjust your product portfolio and brand; and manage your family and your money.
Family Firms: How Much Cash is Enough? More cash can mean greater strength, but only when a strong board provides a counterbalance and an outsider's perspective.
How Thought Leadership Can Help the Heir Get Respect Succession can be rocky when the heir is viewed as entitled to the crown, rather than deserving of it. Author Bob Buday shares tips on gaining legitimacy and loyalty.
Millennials Can Help Family Firms Expand, If Led by Their Peers Millennials work harder and more successfully to expand their family firm globally if their CEO is a fellow millennial and is not a family member. 
The 7 Deadly Sins of Family Business Wealth The family blunders that trigger the “shirtsleeves to shirtsleeves” curse come down to basic financial mistakes. This article shows how to avoid them.
Developing Competent Owners and Stewards for a Lasting Family Business Educating family members to become such competent, responsible stewards of the family enterprise is a responsibility, and not a choice.
Is Asking Friends and Family Members for Money the Right Move for Your Business? The "friends and family round" is often the first step in raising money after self-funding your startup with your savings, yet nobody really tells you how to do it.
Rushed decisions tend to lead to bad outcomes. So does avoiding decisions because we’re afraid of conflict. This framework helps businesses think realistically about decision urgency. Read more...
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...
A family business advisor says a change in leadership is like passing the baton in a relay race. Don't let go too abruptly. Read more...
The capital structure of a firm determines its financial viability and creditworthiness. Families should understand how ownership influences this structure. Read more...
Editorial offices located at St Thomas University
Supported by the Richard M Schulze Family Foundation