The Family Business Blog [short for "web log"] is our mini-journal about Family Business Experts. It lets you know...
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Family business succession - whose job is it?
The family succession plan must be done and agreed upon before a succession plan can be successfully developed and implemented for the family business.
When a family business owner is planning to retire, a profound and basic decision must be made: whether or not to pass the business on to the next generation
The transition of ownership from one generation to the next can cause havoc in the family business and the family. Here are three ideas to help ensure success for your family business.
Marketing and Advertising Law - six key questions for family business owners to ask
Family Business Experts is the best family business resource on the Internet. We offer hundreds of great strategies and tips for families in business together.
Chaos Busters - The Management Guide provides questions that will make your organization more effective, efficient and scalable
Conflict negotiations in a family business are complex because they involve family, management and ownership issues.
Produce gap analysis of the critical issues by studying the key elements of these core drivers. Help you and your managers establish an Action Plan to address these critical performance issues. Days,
Legal forms can help formalize the management style of a family business
Family Business Experts 20 person team is nationally recognized for our work in pioneering the multi-discipline approach to solving the unique and complex problems that impact the family business.
The Family Business Help Desk is a resource family business owners can use to get expert advice on family and business issues that are hurting their family's business
Family business media center provides writers, editors and reporters with insights into the complex dynamics of family-owned businesses
Family Business Consulting resources provided by Atlanta-based Family Business Institute offer tips and success strategies for family businesses
Family feuds won't kill your family business if you follow these seven simple tips.
A family business telephone consultation is an effective means to get a real time solution for family business issues
Family business advisor Don Schwerzler, top family business expert and founder of the Family Business Institute has been studying and advising family businesses for more than 40 years.
Ask The Family Business Expert - Here's your chance to ask our family business expert about issues and concerns you may have about your family business.
New business ideas and business intelligence are crucial strategies for family business owners who want to re-vision and scale their family business
Chaos Busters - A Management Guide for consultants and advisors. Ideal for improving your client's performance, creating a mission statement or doing SWOT Analysis
The buy-sell agreement is a specialized form of shareholder agreement that deals with ownership transfers.
If you are involved in a family-owned business and are trying to deal with problems that are disrupting the business and hurting family relationships- we can help! Just click on the link family-business-experts.com/cms-form.html
Chaos Busters For Business Owners - A Management tool to make your business more effective
Our family business executive coach can help a family business realize its true potential - helping businesses perform better and improve the value proposition
Environmental liability is a hidden time bomb that can wipe out the value of a family business. Learn about the defenses and how to prevent environmental liability.
Outsourcing is an excellent family business growth strategy.
Our Family Business Assessment process has been perfected over 40 years working hundreds of family businesses, large and small and a broad spectrum of industries
Parenting adult children who are also in the family business leads to role confusion. Learn how to focus on the boundaries between the roles.
Leadership assessment is an important practice for every family business.
Professionalizing family business management is the most difficult and emotionally destructive problem confronted in family businesses. Learn how to handle it by evolution rather than revolution.
Drug and alcohol addiction has an impact far beyond just the individual who has the addiction – especially in family businesses.
“Family businesses are not immune to the personal and professional destruction caused by addiction to alcohol and drugs,” says leading family business expert Don Schwerzler
“So much of the literature dealing with the Addiction Treatment Recovery Process focuses on the addict – the person doing the drinking and drugging. In a family business, addiction can impact family, friends, employees, vendors and customers”.
Schwerzler has been studying and advising family business entrepreneurs for more than 40 years and he is the founder of the Family Business Institute Family Business Institute , headquartered in Atlanta GA.
Addiction Treatment Recovery Process should include helping family members and friends needs to be on a par with helping the addicts and alcoholics
Knowing the signs of alcohol addiction could save your loved one and your family business
Business communication is always an important function that family businesses need to manage with a clear vision and strategy.
An advisory board made up of experienced outsiders brings a fresh perspective to problems and opportunities that face both the family and the family business.
Family foundations are a great tool to harness the energy and creativity of retiring family business owners. But they can be costly and involve a lot of red tape.
Our SUCCESSION MANAGEMENT PROCESS has gained international recognition.The most frequent question we are asked at workshops and seminars is: "When is the best time to start planning for succession?"According to Don Schwerzler a pioneer in dealing with family business dynamics, the best answer is: "Now!"We were asked by Families in Business to describe our succession management process, which we do from the most important perspective - our client's!Families in Business is a prestigious magazine published in London, England, and distributed to large family businesses around the globeClick on the link to read the entire article.
If you are a family business owner seeking family business help - you have come to the right place!
Adam Bellow's remarkable book - In Praise of Nepotism: A Natural History - in our opinion is a must-read for anyone in a family business. Or any business.
Tensions and disagreements in a family business are often the result of organizational overlap – where responsibilities are not clearly understood by the family members, the non-family managers, employees and sometimes even vendors and customers!“For the Nexters, part of the problem associated with responsibility diffusion is a factor of boredom – what we refer to as the ‘tyranny of routine’” notes family business expert Don Schwerzler. The Nexters tend to be working ‘in the business’ rather than working ‘on the business’. When the senior generation is doing the same thing,"inter" and "intra" generational conflict is almost certain.
The senior generation is generally more risk adverse – wherein any change to the routine of the business can be a threat and therefore tend to prefer the status quo to making significant changes in the management of the family's business.
On the other hand, the Nexters often see the potential of the business being marginalized and are frustrated that they cannot effectively challenge the senior generation.
Communication issues also play into the succession equation. For instance, a Nexter who is technology savvy may be frustrated in trying to get the senior generation to share the Nexter’s future vision. One strategy is to engage the Nexter with creating and/or managing the company's digital marketing program.