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.
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...
Consider one if your family business has 15 or more relatives involved, or multiple generations. Read more...
Editorial offices located at St Thomas University
Supported by the Richard M Schulze Family Foundation