The Family Business Blog [short for "web log"] is our mini-journal about Family Business Experts. It lets you know...
A Captive insurance company can be much more than a risk management tool for family businesses.
A functional alcoholic is a person fighting alcoholism without the classic signs of full blown alcoholism.
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 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"
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.
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.
Building consensus about how the business should be operated, now and into the future, is one of the most difficult problems confronting family businesses.
Addiction Treatment Recovery Process should include helping family members and friends needs to be on a par with helping the addicts and alcoholics
Alternative business loans offer many creative lending options to family businesses.
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
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"
Financing a business. Here's what you need to know and a comparison of advantages and disadvantages of different sources for financing your business.
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.
Conflict negotiations in a family business are complex because they involve family, management and ownership issues.
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.
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"
Knowing the signs of alcohol addiction could save your loved one and your family business
Peer to Peer Lending is an alternative financing option for family business owners seeking funds to grow their 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
Responsibility diffusion is critical impediment to successfully growing a family business
Family Business Consulting resources provided by Atlanta-based Family Business Institute offer tips and success strategies for family businesses
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
Leadership tips from the HBR
Continue reading "Leadership Tips from Havard Business Review"
An insurance checklist to help with Risk Assessment and to provide guidelines for discussions with your insurance professional.
Chaos Busters - The Management Guide provides questions that will make your organization more effective, efficient and scalable
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.
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 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 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 is a disease that can hurt family businesses when a key family member is losing the battle with alcohol addiction
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"
Parenting adult children who are also in the family business leads to role confusion. Learn how to focus on the boundaries between the roles.