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A Sweet Dream Comes True

Maureen and Jim Elitzak are known around Scottsdale, Arizona, for their exquisite bonbons, bars, brownies and caramels, which can be found at Zak's Chocolate , the shiny shop where they make Read More...

Category: Features

Author: Ellen Ryan

Does Social Spending Discourage Entrepreneurship?

The importance of entrepreneurship to the economy is well established. Entrepreneurship drives economic growth and helps to solve society’s intractable problems, from curing disease to lowering Read More...

Category: Research Insight

Authors: Eric Liguori , Matt Marvel , Shelby Solomon and Joshua Bendickson

Perceptions of Family Firms Vary by Country: Why This Matters

Research shows that family businesses enjoy numerous reputational benefits in their relationships with stakeholders ( Astrachan , 2021). Customers usually believe they provide better quality; Read More...

Category: Research Insight

Authors: Philipp Jaufenthaler , Oliver Koll , Reinhard Prügl and Maximilian Lude

How to Handle the Stress of Entrepreneurship

Many older Americans dream about working for themselves. Yet new business owners often find entrepreneurship stressful, especially during the lean start-up years. Fortunately, experts say that while Read More...

Category: Features

Author: Nancy Collamer

When the Family Leaves the Business, Can Their Values Remain?

We already know that family firms differ from non-family firms by their powerful commitment to core values that subordinate profit to other goals. While non-family companies use rationality and Read More...

Category: Research Insight

Authors: Roy Suddaby , Wilson Ng , Natalia Vershinina , Gideon Markman and Matthew Cadbury

Succession, Money, and Relationships Were Top-10 Topics in 2023

FamilyBusiness.org aspires to be the #1 peer-reviewed resource for thought leadership in family business for owners and leaders, students, and professors. To achieve this goal, we are building a Read More...

Category: Commentary

Authors: Mat Hughes and Kimberly Eddleston

Remote Work, Financing and AI Were Top-10 Topics in 2023

Entrepreneur and Innovation Exchange (EIX) aspires to be the #1 peer-reviewed resource for thought leadership in entrepreneurship and innovation for students, practitioners, and professors. To Read More...

Category: Commentary

Author: Jon Eckhardt

Why Do I Need a Change Management Plan?

  "Change before you have to." This maxim, credited to former General Electric CEO Jack Welch, is a pithy reminder that being able to manage change skillfully is not an option but a necessity Read More...

Category: Features

Author: Rachel Leland

Family Business Patriarchs and Matriarchs: When Is It Time to Move On?

  Successfully handing over a family business to the next generation of leaders requires both careful planning and exquisite timing. The next generation must be competent enough for leadership Read More...

Category: Interviews

Author: Kimberly Eddleston

Punishment, Reward, Control: How Money Shows Up in the Business Family

In popular culture, the portrayal of family businesses in movies and TV shows, such as Ridley Scott’s "House of Gucci" or HBO’s "Succession," often revolves around the pursuit of wealth and the Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan and Anneleen Michiels