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.

Captive Insurance Company

A Captive insurance company can be much more than a risk management tool for family businesses.

Continue reading "Captive Insurance Company"

Functional Alcoholic

A functional alcoholic is a person fighting alcoholism without the classic signs of full blown alcoholism.

Continue reading "Functional Alcoholic"

Alcohol Addiction

Alcohol addiction can destroy a family and the family business

Continue reading "Alcohol Addiction"

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.

Continue reading "4 Ps of Marketing - The Controllable Elements of Your Marketing Plan"

Succession Planning Obstacles in Family Business

Succession planning for family businesses is like an obstacle course. Sometimes, the best way to look at a problem is to identify the obstacles to solving that problem.

Continue reading "Succession Planning Obstacles in Family Business"

Tactical Tips

Tactical tips for dealing with succession in a family business

Continue reading "Tactical Tips"

Pruning the family business tree

Pruning applies to family businesses as well as trees. Prune to ensure that only qualified family members are employed. And learn what non-employee family members can contribute.

Continue reading "Pruning the family business tree"

Who Should Write Your Business Plan?

Who should write your business plan?

Continue reading "Who Should Write Your Business Plan?"

Exit Planning

Exit planning is necessary because you will transfer your business interest - either during your lifetime, or you will die or become incapacitated. Learn how to avoid the chaos of forced liquidation.

Continue reading "Exit Planning"

Building Consensus in a Family Business

Building consensus about how the business should be operated, now and into the future, is one of the most difficult problems confronting family businesses.

Continue reading "Building Consensus in a Family Business"

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

Continue reading "Addiction Treatment Recovery Process"

Alternative Business Loans

Alternative business loans offer many creative lending options to family businesses.

Continue reading "Alternative Business Loans"

retirement plan management

Retirement plan management is a complex and time consuming business process that many family business owners prefer to delegate to an ERISA Limited Scope 3(21) Fiduciary

Continue reading "retirement plan management"

Alcoholism Impacts Family Businesses

Alcoholism impacts family businesses - tell us your story!

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Shareholder Agreement - An Essential Tool

The shareholder agreement is an essential estate planning tool. Discover why it's needed and some of the problem situations it can help solve.

Continue reading "Shareholder Agreement - An Essential Tool"

Corporate Governance Definition

Here's the best corporate governance definition se've seen.

Continue reading "Corporate Governance Definition"

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.

Continue reading "Financing A Business"

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.

Continue reading "Transition tips for family businesses"

Conflict Negotiations

Conflict negotiations in a family business are complex because they involve family, management and ownership issues.

Continue reading "Conflict Negotiations"

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.

Continue reading "Ask the Family Business Expert "

Family Foundations: Creating The Family Legacy For Future Generations

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.

Continue reading "Family Foundations: Creating The Family Legacy For Future Generations"

Signs of Alcohol Addiction

Knowing the signs of alcohol addiction could save your loved one and your family business

Continue reading "Signs of Alcohol Addiction"

Peer to Peer Lending

Peer to Peer Lending is an alternative financing option for family business owners seeking funds to grow their family business

Continue reading "Peer to Peer Lending"

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

Continue reading "Planning for Retirement"

Responsibility Diffusion

Responsibility diffusion is critical impediment to successfully growing a family business

Continue reading "Responsibility Diffusion "

Family Business Consulting

Family Business Consulting resources provided by Atlanta-based Family Business Institute offer tips and success strategies for family businesses

Continue reading "Family Business Consulting"

Packaging Products and Services

Packaging products and services is the crucial junction where products and services are conjoined with marketing and advertising strategies to improve branding and value perception that will increase

Continue reading "Packaging Products and Services"

Leadership Tips from Havard Business Review

Leadership tips from the HBR

Continue reading "Leadership Tips from Havard Business Review"

Family Business Insurance Checklist

An insurance checklist to help with Risk Assessment and to provide guidelines for discussions with your insurance professional.

Continue reading "Family Business Insurance Checklist"

Innovation

Innovation is a key leadership practice

Continue reading "Innovation"

Chaos Busters

Chaos Busters - The Management Guide provides questions that will make your organization more effective, efficient and scalable

Continue reading "Chaos Busters"

Training and Development

Training and development is essential for survival and growth in today's competitive marketplace. Here are twelve points to consider for single-course and ongoing training programs.

Continue reading "Training and Development"

Professionalizing Family Business Management

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.

Continue reading "Professionalizing Family Business Management"

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.

Continue reading "Professional Intervention in the Family Owned Business"

Risk Management Needed By Every Family Business

Risk management must be for risky businesses... we're a family business and we're not risky. So, we don't need risk management...right? WRONG! Spend a few minutes with us, and we'll show you why.

Continue reading "Risk Management Needed By Every Family Business"

Alcoholism and the Family Business

Alcoholism is a disease that can hurt family businesses when a key family member is losing the battle with alcohol addiction

Continue reading "Alcoholism and the Family Business"

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.

Continue reading "Online Business Plan - Differs from other Business Plans"

Nexters

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

Continue reading "Nexters"

Parenting Adult Children

Parenting adult children who are also in the family business leads to role confusion. Learn how to focus on the boundaries between the roles.

Continue reading "Parenting Adult Children"

Marketing and Advertising Law

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

Continue reading "Marketing and Advertising Law"

PAYING IT FORWARD



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