Family Business Blog



The Family Business Blog [short for "web log"] is our mini-journal about Family Business Experts. It lets you know...

  • whenever we add or update pages at the Family Business Experts web site
  • about new products and services that we are bringing online
  • about features and specials that are available from time to time
  • when FBE principals are in the news
  • when we issue our Understanding Family Business e-zine newsletter (for those of you who don't like to give your e-mail address, or if your ISP's filters are too aggressive and cause you to lose mail). The e-zine is posted to the web site as well as being e-mailed, so you can click right to it from this blog. Easy!
Check out our blog archive.

Loss Control Through Prevention

Loss control is all about reducing the frequency and/or severity of losses through preventive measures.

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Marketing and Advertising Law

Marketing and Advertising Law - six key questions for family business owners to ask

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Building Family Business Infrastructure

Building family business infrastructure is an on-going process for successful family businesses

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In Praise of Nepotism: An Interview with Adam Bellow

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.

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4 Ps of Marketing - The Controllable Elements of Your Marketing Plan

The 4 Ps of marketing classify the controllable elements of your marketing plan. Product, place [distribution] and promotion are all expenses; price brings in revenue.

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Honor Flight Armed Services Day

Honor Flight was the vision of retired Air Force Captain Earl Morse to honor veterans of World War II - to fly them to Washington DC so they could visit the National World War II Memorial.

Today, the program is a national organization and mostly uses commercial aircraft. The number of Vets and their guides taking advantage of the program is impressive. In 2016, the Network transported 20,558 veterans plus 18,202 guardians who accompanied the Vets to our nation's capital to visit the National World War II Memorial and other Memorial sites.

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Honor Flight

Honor Flight is organized as a volunteer organization to fly WW II veterans to Washington DC to visit the World War II Memorial.

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Leadership Practices Assessment

Leadership practices assessment is a simple and quick way to assess the leadership practices in your organization. This gives insight into organizational problem solving.

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Family Business Experts

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.

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KPI

Knowing your KPI can make your family business smarter!

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Professional Intervention in the Family Owned Business

Professional intervention to resolve family business disputes is an effective strategy because running a successful family business is substantially more complex than running a non family business.

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Online Business Plan - Differs from other Business Plans

An online business plan is different than a regular business plan. Describes an outline and seven ways an online business plan differs.

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"Battleground" Describes Your Family Business?

A battleground can result in the family business from mixing good family behaviors with an effective business system.

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Altruistic Marketing

Altruistic Marketing is a great marketing strategy for family businesses.

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Family Business Experts

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.

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The Tipping Point and Family Businesses

The Tipping Point is a must read for family business owners.

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Ask the Family Business Expert

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.

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Paying It Forward

We appreciate your support and financial donations – an opportunity for paying it forward.

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Planning for Retirement

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

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Nexters

Nexters and the succession process - succession is not a spectator sport!

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Alcoholism Impacts Family Businesses

Alcoholism impacts family businesses - tell us your story!

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Family Business Strategy Master

Unfortunately, many family businesses fail to reach their true potential according to family business strategy master Don Schwerzler.

The reason for this is rather simple. From a strategy perspective, family businesses, especially in the early years, are “reactive” rather than “proactive”. That business model, for many family businesses, is slow to change.

“The family business entrepreneur may have a vision and maybe even a formal business plan, but rarely will they have a “strategy” for the business” notes family business strategy master Schwerzler.

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Outsourcing and digital transformation

Outsourcing is an excellent family business growth strategy.

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How to Contact Family Business Experts

Contact Family Business Experts is easy - just pick up the telephone, use email or snail mail, send us a fax. WE respect your privacy to the utmost.

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Who Will Read Your Business Plan?

Potential investors or lenders will read your business plan, of course. But now there are many more potential readers, some of whom will be a bit surprising...

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Transition tips for family businesses

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.

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Addiction Treatment Recovery Process

Addiction Treatment Recovery Process should include helping family members and friends needs to be on a par with helping the addicts and alcoholics

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Performance Metrics

Performance metrics requires that the major work functions in every department be identified both in terms of volume and time. The premise is that work not measured cannot be managed.

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Gap Analysis

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,

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Functional Alcoholics

Almost one in 10 people in the United States experience alcoholism at some time during their lives. Alcoholism is a subtle disease. It's the only disease that tells you, you don't have it! A person can drink for many years and not think that they have a problem with alcohol - truth is, they are most likely a functional alcoholic.

Alcoholism is a progressive disease. The longer a person drinks, the greater the chance for alcohol dependence leading to dependency and chronic alcoholism.

There are many different type of drinkers, which further baffles the alcoholic. For example, there are people who drink only on weekends, people who drink only at night, those that drink only beer or wine. Then there is the person known as a periodic drinker; they may go three months without a drink and then when they drink they get in trouble, because they can't control how much they drink and they cannot stop.

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family business conflict

Family business conflict can destroy a family business and wreck family relationships

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MOM - CEO of the Family Business

“Developing and implementing a succession plan for a family business should also include a succession management process for the family side of the family business” according to leading family business expert Don Schwerzler. “When we develop a succession management strategy for the management of the family business, we also know that a critical requirement for the next generation of the family is to have a succession plan for the family's Chief Emotional Officer (CEO) as well.”

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Chief Emotional Officer

Mom's role as Chief Emotional Officer (CEO) of the family in a family business

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Future Proof Your Family Business

As a family business owner, what are you doing to future proof your family business?

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Risk Management Insurance

Risk management insurance offers protection against a broad spectrum of litigation threats. Unfortunately, many family businesses have a false sense of security about liability litigation - a problem that would likely not befall them. A common thought amongst many family business owners is that litigation/lawsuits are something that happens to other businesses…

The reality, however, is that even when the family business owner is “right”, defending against lawsuits can wreck years of hard work building a family business, endanger the family’s wealth and destroy the financial security of the family business owner.

“Risk management insurance is a smart strategy for family businesses,” says leading family business expert Don Schwerzler. “As a family business grows, so does their exposure to litigation. Gaining an understanding of the many ways a family business can be hurt by litigation should be considered as part of the risk management plan for every family business.”

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Risk Management Insurance

Risk management insurance should be considered as part of the risk management plan for every family business

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Business Communication - Many Channels to Navigate

Business communication is always an important function that family businesses need to manage with a clear vision and strategy.

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Financing A Business

Financing a business. Here's what you need to know and a comparison of advantages and disadvantages of different sources for financing your business.

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Wills and Trusts - the Basic Essentials of Estate Planning

Wills and trusts are two of the most basic tools of estate planning. In fact, a Will is the one essential tool - everyone should have one!

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Succession Planning - Whose Job Is It?

Family business succession is a tricky process and can be a minefield for many family businesses. The problems that confront a family business at succession time can wreck family relationships and destroy the business.

Succession in a family business is a complex process - as described by our logo.

The logo for the Atlanta-based Family Business Institute is three interconnected circles, each representing a major “sphere of interest” in a family business - the family system, the management system and the ownership system. To be successful, the family business succession management process should engage each of these three systems.

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PAYING IT FORWARD



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