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How Families Can Run Their Businesses With Both Head and Heart

FamilyBusiness.org Senior Editor Mat Hughes recently appeared on R. Adam Smith’s LinkedIn channel to talk about a challenge that all family businesses face: the pull between the passions and Read More...

Category: Commentary

Authors: Mat Hughes and R. Adam Smith

Build the Strong Family Bonds That Lead to Business Success

Strong emotional bonds between family members underpin the success of family businesses. But all too often, being emotionally or geographically distant can weaken those bonds and undermine the Read More...

Category: Commentary

Author: Kimberly Eddleston

Helicopter Parenting Can Hurt Future Family Business Leaders

  The founders of many longstanding family businesses likely had parents who insisted on responsibility and let them learn from their mistakes. This is not so today -- the era of helicopter Read More...

Category: Commentary

Author: Kimberly Eddleston

Succession Planning Should Start Earlier Than You Think

Family businesses everywhere are responding to the succession challenge in profound ways. Preserving cherished family traditions and relationships is just as important as preserving the wealth of the Read More...

Category: Commentary

Authors: Mat Hughes and Mira Bloemen-Bekx

International Women's Day 2023: Resources for Family Business Women

Around the globe, more and more women are taking their careers in their own hands by launching a business. Women represent one of the fastest growing segments of the entrepreneurship population Read More...

Category: Commentary

Authors: Kimberly Eddleston and Catherine Buday

New Ways Business Owners Can Use Boards

  While boards of directors are common at large firms and nonprofits, family businesses don't always see their value or understand how to use them well.  However, according to consultant Read More...

Category: Commentary

Author: Kimberly Eddleston

'CHAOS' Brings Order to Family Businesses

Many people make the mistake of thinking that family businesses are simple businesses. Nothing could be further from the truth. The coexistence of two systems with differing ways of thinking—the Read More...

Category: Commentary

Author: Salvatore Sciascia

Your Family Needs An Emergency Succession Plan

As we all know, successions and family business succession planning are rarely easy, but unexpected transitions pose a significant risk to family businesses. When Herbert Fisk Johnson, Sr., the Read More...

Category: Commentary

Author: David Deeds

Should Family Businesses Have Employee Ownership Plans?

Like almost all family businesses, Commercial Casework in Hayward, California had to plan for when family owners would want to sell. The company, with about 100 employees, is one of the San Francisco Read More...

Category: Commentary

Author: Corey Rosen

Should Family Members Be the 'Face' of Your Company?

Around the globe, advertisements for family businesses regularly include expressions like: “Our family serving yours for the last three generations” and, “Our name on the product guarantees its Read More...

Category: Commentary

Authors: Jonas Ruzek , Ben Cooper and Kimberly Eddleston