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Equity Can Help Small Firms Survive the Labor Shortage

Part 1 of 2 Worker shortages in the US are hitting small businesses hard, especially since they often lack other resources that help bigger firms ride out the storm. But small businesses, who are Read More...

Category: Applied and Practice

Authors: Aquesha Daniels, J.D. , Mariah Yates, Ph.D., MBA and Shane Spiller

Non-Competes Are a Double-Edged Sword

Non-compete agreements, or non-competes, are clauses in employment contracts designed to restrict employees from working for or starting a competing business for a certain period after exiting their Read More...

Category: Applied and Practice

Author: Cassandra Torgnes

Why Don't You Educate Your Owners?

We yet have to meet a business family that does not want their family members to be competent and engaged owners and stewards. Everyone agrees that having owners who understand finance and strategy, Read More...

Category: Applied and Practice

Authors: Tom Rüsen , Claudia Binz Astrachan and Ruth Orenstrat

No-Code Tools Make Digital Prototyping Easy

Building a product prototype, especially in the technology sphere, used to be expensive and take forever. Heavy upfront investment was a necessity – or at a minimum a lot of free time and Read More...

Category: Applied and Practice

Author: Max Mirho

How Family Firms Help Non-Family Employees Feel Like Family

Family businesses often behave in unique ways: They forego business opportunities to retain the family’s control over the business, stick to family traditions that are outdated, and prefer family Read More...

Category: Applied and Practice

Authors: Peter Jaskiewicz , Josh Hsueh , Elizabeth Tetzlaff and Giovanna Campopiano

What Family Businesses Need to Know About the Silicon Valley Bank Failure

Silicon Valley Bank (SVB) failed Friday, March 10, 2023. SVB was remarkable in the US banking system due to the unique capabilities and products it developed to serve the unique needs of Read More...

Category: Applied and Practice

Author: Jon Eckhardt

The Silicon Valley Bank Bust: What Entrepreneurs Need to Know

Silicon Valley Bank (SVB) failed Friday, March 10, 2023. SVB was remarkable in the US Banking system due to the unique capabilities and products it developed to serve the unique needs of Read More...

Category: Applied and Practice

Author: Jon Eckhardt

Startups With Onsite Employees Grow 3 1/2 Times Faster

Data shows that pre-seed and seed startups with employees showing up in a physical office have 3 ½ times higher revenue growth than those that are solely remote. Let the discussion begin. During the Read More...

Category: Applied and Practice

Author: Steve Blank

Being Coachable Can Pay Off for Founders – Up to a Point

Entrepreneurs often benefit from the advice and support of great mentors and investors who want to work with them. One powerful way entrepreneurs can attract great mentors and investors is to improve Read More...

Category: Applied and Practice

Authors: Chaim Letwin , Michael Ciuchta , Regan Stevenson and Sean McMahon

Developing Your Business Family Strategy: Where to Start and What to Consider

Successful, long-lasting business families share an understanding of what is important to them, what they want to do together, and how they want to work together to achieve their collective goals and Read More...

Category: Applied and Practice

Authors: Tom Rüsen , Isabel C Botero , Arist von Schlippe and Torsten Groth