family business conflict

Surprising reasons owners exit family businesses

Only about a third of family businesses make it to a second generation beyond the founder. Conventional wisdom says that these firms falter because the owners didn’t have a succession plan, or the Read More...

Category: Theory and Research

Authors: James Hoffman , Ritch Sorenson and Keith Brigham

Successful Successions are Never Smooth

Succession is one of the biggest challenges a family business can face. Many business owners and families assume that family business succession planning will be difficult, risky and conflict-prone, Read More...

Category: Applied and Practice

Author: Claudia Binz Astrachan