Practice Insight
Practice insights are articles submitted by practitioners, such as entrepreneurs, consultants, managers, and venture investors. These articles undergo editorial review but are not peer reviewed.
A franchisee will take some risk, like an entrepreneur, but will have far more discretion in the operation of their business than an employee. You can hardly go through any town in America without Read More...
Category: Practice Insight
Authors: Peter Birkeland and John Francis
As trillions in family-owned companies shift to next-generation leaders, one critical asset is being ignored: the brand. Here’s why brand value—often nearly 20% of enterprise worth—erodes Read More...
Category: Practice Insight
Author: Meghan Lynch
A family investment policy defines how a family manages its collective financial assets in alignment with its shared values, goals, and risk preferences. As business-owning families move beyond a Read More...
Category: Practice Insight
Authors: Claudia Binz Astrachan , Anneleen Michiels , Massimo Baù and Chris Graves
Surveys can reveal differing perspectives, surface hidden tensions, and – when done well – build trust, and serve as an educational opportunity. From the boardroom to the family meeting, a Read More...
Category: Practice Insight
Author: Claudia Binz Astrachan
Entrepreneurship Through Acquisition (ETA) can expose you to legal liability and/or being injured by others’ unlawful acts. Here are the traps to avoid. Imagine the deal has closed, you are several Read More...
Category: Practice Insight
Author: Dustin Slade
Blurring work and personal lives can lead to stress and exhaustion. Family businesses do these four things to create healthier boundaries. From the launch of the first cellphone with email Read More...
Category: Practice Insight
Authors: Jennifer Jordan and Peter Vogel
Without a map for navigating emergencies and guiding successors after your departure, your business and your legacy could be left adrift. Imagine you're at the helm of a ship, sailing through calm Read More...
Category: Practice Insight
Author: Bradford C. Jeter, CEPA
Many new entrepreneurs think they can sell or grow their way out of a negative cash flow spiral. The real solution is far less glamorous. When I talk to entrepreneurs about cash flow, I often hear Read More...
Category: Practice Insight
Author: David Leichter
A study of 13,500 family firms shows that nearly half of heirs don’t know where the assets are -- and 3 in 5 wouldn’t know what to do if the founder died suddenly. We all know plenty of Read More...
Category: Practice Insight
Author: Srbuhi Avetisyan
Businesses that sell confidential advice can still harness AI to provide the innovative services that clients expect without compromising their personal information. Artificial intelligence (AI) Read More...
Category: Practice Insight
Author: Doug Gray, PhD