Five Ways to Improve Family Business Communication

We all know communication has a powerful impact on both personal and business relationships. That’s one reason why many people identify poor communication as what needs to be fixed for the family business and relationships to thrive. The complex family business system...

Understanding Conflict in Families of Wealth

By Blair Trippe Working Through Differences Everyone fights over what matters to them. When unrelated people fight, they can choose to walk away and end relationships. When family members fight, it’s not that easy. It’s more difficult to cut ties, since family...

Should We Stay Together as a Family Enterprise or Separate?

How to Figure Out if Sharing Assets Still Makes Sense By Doug Baumoel Defining Family In the back of your mind you may be asking this question: Should we continue managing our wealth, business, or philanthropy together at this point, or should we go our separate ways?...

Nurturing the Next Generation in Family Business

Identify and Develop a Successful Entrepreneur What makes a leader entrepreneurial? Many family business leaders, especially founders of family business, are eager to find an equally entrepreneurial leader in their family to become their successor. The paradox is that...

It Isn’t Always Fighting: Family Business Conflict

Can you recognize family business conflict? Few people are eager to admit their family has conflict. Especially now that social media reminds us daily that our friends have perfectly harmonious families (!), it can feel like a failing to admit that there are tensions...
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