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How Founders Can Stay Relevant When the Next Gens Take Over

When it's time for a family business to have a new generation of leadership, it's often difficult for the first-generation founder let go. Founders, justifiably proud of the businesses they have Read More...

Category: Interviews

Author: Kimberly Eddleston

Family Business Succession: Your Questions Answered

If you watch television or read the business pages, you already know that little or no succession planning at family businesses can lead to devastating consequences: back-stabbing, lawsuits, Read More...

Category: Commentary

Authors: Kimberly Eddleston and Mat Hughes

A Charismatic Family Business Founder Can Be a Tough Act to Follow

For all kinds of companies including family businesses, a charismatic founder or leader can bring profound benefits, especially if he or she is well-liked. It can boost sales and make it easier to Read More...

Category: Commentary

Author: Kimberly Eddleston

Better Let Your Brother Do It: Men Are Still Preferred in CEO Successions

Many business owners do not like to think about succession – it means confronting their own mortality – but at some point, every family business must deal with succession planning (Ahrens, 2020). Read More...

Category: Research Insight

Authors: Jan-Philipp Ahrens , Melania Riefolo , Annegret Hauer and Katharina Siegert

Succession, Money, and Relationships Were Top-10 Topics in 2023

FamilyBusiness.org aspires to be the #1 peer-reviewed resource for thought leadership in family business for owners and leaders, students, and professors. To achieve this goal, we are building a Read More...

Category: Commentary

Authors: Mat Hughes and Kimberly Eddleston

Family Business Patriarchs and Matriarchs: When Is It Time to Move On?

  Successfully handing over a family business to the next generation of leaders requires both careful planning and exquisite timing. The next generation must be competent enough for leadership Read More...

Category: Interviews

Author: Kimberly Eddleston

Master Three Perilous Stages of Family Business Transition

Succession is the biggest threat to the robust returns of family business ownership . If you don’t master the three perilous stages of transition, you risk damaging your family business and legacy. Read More...

Category: Applied and Practice

Author: Ryan Renteria

Good Intentions Can Sow Dysfunction at Family Businesses

People wear many hats at family businesses: owners, managers, and family members. All too often, says family business advisor Sara B. Stern, they're thinking like family members rather than owners Read More...

Category: Commentary

Authors: Kimberly Eddleston and Sara Stern

Family Business Succession, Innovation, and Compensation: What You Need to Know

Family business succession planning, innovation, salaries, legacy, and values are topics that all business families grapple with at times, especially when they include multiple generations with Read More...

Category: Commentary

Authors: Mat Hughes and R. Adam Smith

Keep the Founder's Entrepreneurial Spirit Alive in Future Generations

Most significant wealth is created through entrepreneurship, and in many countries family business plays a large role. But once the family business is established and successful, what further Read More...

Category: Applied and Practice

Author: David Werdiger