Tag: family business advice

When Political Differences Threaten the Family Business

Political differences can turn dangerous when family members begin dismissing one another’s business judgment based on political identity. Imagine a family business meeting about how to reduce Read more

Why Every Family Business Leader Needs a Peer Group

More than 300 peer-group meetings show what happens when family business leaders have a trusted place to talk with people who truly understand their challenges. If you’ve never participated in a Read more

Can a Family Business Consultant Really Help? Nine Experts Explain What Families Often Miss

Consultants often create their greatest value in ways families do not expect. They help families uncover what is really keeping them stuck, facilitate difficult conversations, coordinate with other Read more

Build a Family Governance Talent Pipeline Before You Need One

Don’t wait for a vacancy. Prepare family members now — through education, mentoring, clear expectations, and hands-on experience — to serve on boards, family councils, and committees. Family Read more

'Family-Owned' or 'Family-Run'? The Words You Use Can Affect Customer Trust

Family businesses often promote their ownership and heritage to build trust. Research suggests that “family-run” may send a stronger message than “family-owned” — and that adding more Read more

The Biggest Risk to Family Wealth Isn't Investment Performance—It's Succession

Family offices excel at managing money but often overlook the greatest threat to multigenerational success: poorly planned succession. Here's how they can help. Family offices have gained increasing Read more

Should You Make 'Family Owned' Part of Your Brand?

Family ownership can build trust, credibility, and customer loyalty—but only when it reinforces something stakeholders value. Here are five questions to ask first. Family businesses often face an Read more

How to Weigh the Consequences of Selling the Family Business

A strong valuation is not enough. Families need to understand the emotional, relational, and governance consequences of selling before they commit. For many family businesses, selling is no longer Read more

A Family Illness Can Infect the Business, Too

Serious health problems can disrupt leadership, finances, customer relationships, and more. New research shows how family firms can prevent illness from becoming a business crisis. Family businesses Read more

Why PE Firms Want to Buy Your Family Firm (and Change it)

Family businesses are often viewed as ripe for operational improvement, making them especially attractive to private equity investors seeking value creation. EDITOR'S NOTE: This article was produced Read more