Category Archives for Family Business
How Family Businesses Can More Effectively Leverage Their Personal And Professional Networks
The biggest concern among family members who are C-level executives at their family business is profitably growing the company. There are numerous ways they can be more successful and effective networking
Continue ReadingThe Importance Of Family Values In The Family Businesses
The values of the family are often instrumental in creating a strong sense of identity for family businesses. These values are regularly foundational to running family firms. In an international survey
Continue ReadingWhen Small Accounting Firms Team Up With Other Accounting Firms
The business environment for small accounting firms (five or fewer equity partners; maximum of $10 million in annual revenues) is difficult. In fact, in a survey of 301 managing partners of small accounting
Continue ReadingMost Family Business Owners Should Update Their Estate Plans
Family businesses are responsible for more than 70% of global production and are one of the principal creators of private wealth. Often critical to the continuity of the family business and to the perpetuation—
Continue ReadingTransitioning Billionaire Family Businesses
The success of family businesses is critical to the success of the worldwide financial ecosystem. A key challenge for many family businesses is succession and, if not succession, the sale of the company. Over
Continue ReadingThe Four Biggest Concerns At Middle-Market Family Businesses
“Based on a study of 336 middle-market family firms, four critical, often interrelated, concerns were identified. About three quarters of family member senior executive at their family businesses said
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