family business advice
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Family members may feel “trapped” in conflicts, unable to resolve substantive issues without damaging their familial relationships. This often leads to disputes that persist for decades. Read More...
Category: Applied and Practice
Authors: Doug Baumoel and Blair Trippe
Family business mergers enjoy greater harmony and better financial performance than mergers involving non-family firms. Mergers and acquisitions represent one of the most significant strategic Read More...
Category: Research Insight
Authors: Francesco Chirico , Robert E Hoskisson , Seemantini Pathak and Massimo Baù
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
Consider one if your family business has 15 or more relatives involved, or multiple generations. Many family firms wonder about whether they need a family council: a group that helps ensure that Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Aimee Wrubel
Adopting all or even some PE investor strategies can add value and enhance competitiveness, especially when a successor takes over or the company may be sold. Family businesses must navigate a Read More...
Category: Applied and Practice
Authors: Nadine Kammerlander and David Hoeflmayr
Different ways of thinking shape how families make decisions, resolve tensions, and pass leadership across generations. Every family business has its own way of seeing the world. Some center around a Read More...
Category: Practice Insight
Authors: Tom Rüsen and Monika Nadler
The Wetherbe Thought Leadership Awards recognize EIX and FamilyBusiness.org authors whose articles have had extraordinary impact over the past decade. EIX and FamilyBusiness.org are expected to Read More...
Category: Commentary
Authors: David Townsend and Kimberly Eddleston
Handing off a family business to the next generation can be difficult, but it doesn’t have to be. EDITOR'S NOTE: This article is part of The Great Unretirement, a Next Avenue initiative made Read More...
Category: Features
Author: Lin Grensing-Pophal
Congratulations! You’ve sold your business. Now prepare to be depressed. Most founders see selling their business as a gateway to new wealth and a dream come true. But many underestimate how Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Jerome Myers
Family businesses tend to give all CEOs time to prove themselves, but are tougher on outsiders who don’t deliver results after a few years. EDITOR’S NOTE: This article was produced in Read More...
Category: Research Insight
Authors: Wei Shen , Cecilia Gu and Lin-Hua Lu