Tag: Family Business

The Potential Downside of Having Non-Family Board Members

By Alfredo DeMassis, Lorraine Uhlaner, Ann Jorrissen and Yan Du It's been generally accepted that family firms benefit from the perspectives of outsiders on the board of directors. Outsiders can Read more

How Older Family Businesses Can Keep the Magic Going

Many family businesses grow and thrive in the first generation because of the passion and commitment of their founders. Successive generations often don’t share that same level of dedication, and Read more

5 Ways Family Businesses Can Adapt to Covid-19

This article is part of America’s Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX, the Entrepreneur and Innovation Exchange . Part of the Read more

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 expected to Read more

Will Older Small Business Owners Finally Get the Pandemic Help They Need?

This article is part of America’s Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX, the Entrepreneur and Innovation Exchange . While the Read more

Women Can Cultivate a Leadership Presence

Women are honing their business and technical skills in preparation for leadership, but many of them still struggle with how they communicate and present themselves. Despite their know-how they still Read more

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

Doing Good Can Be Good Business

Family businesses are often seen as foundational businesses in their respective communities, providing time, energy, and financial resources and gifts. Doing good is no doubt good marketing, but Read more

Be Part of An Important Survey About Coping With Covid-19

While the pandemic has created economic turmoil, family and business disruption, and challenges that could last a lifetime, it also presents a unique opportunity to learn and improve family business Read more

Which Kinds of Workers Leave Family Firms?

Working in a family firm can be either satisfying or stifling for someone who’s not a relative. Interpersonal relationships can be stronger than they would be in non-family firms, and the work Read more