Family Business Consulting

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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: Education and Teaching

Authors: Tom Rüsen , Claudia Binz Astrachan and Ruth Orenstrat

Assessments Can Help Develop Family Business Leaders

Assessments, tests, and evaluations are being used more routinely in businesses, and new tools are coming on the market designed specifically for family firms. In our consulting work with families Read More...

Category: Practice Insight

Author: Doug Gray, PhD

Seven Things to Consider Before Selling the Family Firm

  The University of St. Thomas (Minneapolis)  Family Business Center  in February 2023 put together a panel discussion for family firms, focusing on lessons learned from families who Read More...

Category: Practice Insight

Author: Jon Keimig

'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

A Shock to the System: How Family Businesses Can Survive Covid-19

The coronavirus pandemic has had massive repercussions on the global economy and trade. Global  economic growth is expected to shrink by about 2 per cent per month, while global trade is Read More...

Category: Applied and Practice

Authors: Tulsi Jayakumar and Alfredo De Massis

Will your business insurance reimburse you for Covid-19 losses?

The effects of the Covid-19 pandemic are all over the American business community. With millions sick and hundreds of thousands of fatalities worldwide, this virus is having an impact that would have Read More...

Category: Practice Insight

Authors: Angel Reyes and Benjamin Hunter