Family Business

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Family Business Succession Planning: 10 Golden Rules

There is no one-size-fits-all approach to family business succession planning. Every situation is different and every family is uniquely complex. However, some principles appear to transcend culture Read More...

Category: Applied and Practice

Authors: Tom Rüsen , Torsten Groth and Arist von Schlippe

Succession: Don't Assume Your First-Born is the Anointed One

Succession is a defining moment in all family businesses, and making the right choice about who is going to be the next CEO can be critical to survival. Tradition, previous choices, and historical Read More...

Category: Research Insight

Author: Andrea Calabrò

How to Build Multiple Sources of Revenue for Your Business

This article is part of America's Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX. Have you ever heard that a millionaire becomes a Read More...

Category: Features

Author: Jacqueline Snyder

What Families in Conflict Can Learn from Baseball and Teachers

Either a private family business conflict ends up in the courts, or gets settled by alternative methods involving third-party neutrals – usually mediation and arbitration. These neutral parties can Read More...

Category: Applied and Practice

Authors: Michael Carrell and Louis Manchise

Female Advisors Can Help Family Businesses

As we continue seeing women make progress in their family businesses by breaking glass ceilings, gaining board seats, and increasingly being named successor, it is important to celebrate the women Read More...

Category: Commentary

Authors: Kimberly Eddleston and Devina Raithatha

Playing the Succession Game to Ensure Family Business Continuity

By Shital Jayantilal, Silvia Ferreira Jorge and Tomas M. Banegil Palacios Family businesses are especially conflict-prone, since sibling rivalry and other emotional undercurrents sometimes cloud Read More...

Category: Research Insight

Authors: Shital Jayantilal , Sílvia Jorge and Tomas M. Bañegil Palacios

Team Exercise: How Parenting Styles Affect The Next Generation

Because the family and business are inextricably intertwined in family businesses, parenting plays a critical role in shaping the next generation and their contribution to the family business. Read More...

Category: Education and Teaching

Authors: Kimberly Eddleston and Isabel C Botero

Cautionary Advice About Small-Business Credit Cards

This article is part of America's Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX. A small-business credit card can be hugely helpful when Read More...

Category: Features

Author: Kerry Hannon

5 Digital Marketing Strategies to Launch a Business

EDITOR'S NOTE: This article is part of America's Entrepreneurs , a Next Avenue initiative made possible by the Richard A. Schulze Family Foundation and EIX . If you're planning to start a part-time Read More...

Category: Features

Author: Drew Cheneler

Family Firms Can Optimize Women's Strengths

Family businesses are far ahead of non-family businesses in letting women help shape important decisions, but both the family firms and the women themselves must make some changes in order to Read More...

Category: Interviews

Author: Kimberly Eddleston

Interviewee: Rania Labaki