Our Latest Articles

July 15, 2024 - Issue #122

Single Family Offices as Owners: Long-Term Investors or Financial Optimizers? Single Family Offices as Owners: Long-Term Investors or Financial Optimizers? The capital structure of a firm determines its financial viability and creditworthiness. Families should understand how ownership influences this structure.
How Founders Can Stay Relevant When the Next Gen Takes Over How Founders Can Stay Relevant When the Next Gen Takes Over A family business advisor says a change in leadership is like passing the baton in a relay race. Don't let go too abruptly.
Family Business Stories Build a Legacy For the Next Generation Family Business Stories Build a Legacy For the Next Generation Books, websites, videos and blogs can capture a family business's saga, with all its challenges and triumphs, and shape a powerful legacy.
Persuasive Communication for Crucial Conversations Persuasive Communication for Crucial Conversations A gift to our readers: a free, downloadable book about achieving win/win communication.
12 Strategies to Get Customers to Buy Your Product 12 Strategies to Get Customers to Buy Your Product Playing up your product's features isn't enough. What matters most: the benefits these features provide to resolve your customer's issues.
Parental Divorce Affects Future Entrepreneurial Success Parental Divorce Affects Future Entrepreneurial Success While divorce can build the resilience that entrepreneurs need, it had the worst lingering effect on children from well-educated families.
Self-Interest Can Skew Budgets at Family Businesses Self-Interest Can Skew Budgets at Family Businesses Realistic budgets are powerful planning tools. But the motivations of owners, sales people, the production staff, and others can get in the way.
Daughter Continues Mom's Legacy of Helping Others Daughter Continues Mom's Legacy of Helping Others Blessings in a Backpack can inspire any family-run business or organization that hopes to continue the founder's spirit and mission in the next generation.
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Recent
The Next Generation Can Help the Family Firm Innovate
by Richard Schulze and Ritch Sorenson / Commentary

Best Buy Founder Richard Shulze and Ritch Sorenson of the University of St. Thomas explore the opportunities that come with a changing of the guard. Read more...

A Secret to Success: Family Business Centers
by Kimberly Eddleston / Interviews

While family members running a business together often lean on one another for advice, they can often learn best from people running other family businesses. Read more...

Attitudes Towards Money Can Cloud Family Business Decisions
by Claudia Binz Astrachan and Anneleen Michiels / Applied and Practice

A family’s orientation towards money and wealth can harm the business and sell future generations short. Read more...

Twins Can Be a Family Business's Superpower
by Kimberly Eddleston / Commentary

While forever being part of a duo can be challenging, twins can bring many strengths to their family business when they are aligned with each other. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

Popular
Family Firms May Need More Legal Advice Than They Think
by Kajsa Haag, Hanna Almlöf, Marina Madsen, and Mette Neville
Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation